Cushman & Wakefield Represents RPG In Leasing 141779 SF Industrial Space In North County San Diego
1812 Aston Avenue, 3280 Corporate View & 2330 Faraday Avenue
Building Size
425,337 SF
Asset Type
Industrial
Closing
May 1, 2025
AI
Three Class A industrial properties were leased totaling 141,779 square feet across 1812 Aston Avenue, 3280 Corporate View, and 2330 Faraday Avenue in the Carlsbad and Vista markets. These properties are owned by RPG.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1812 Aston Avenue, 3280 Corporate View & 2330 Faraday Avenue
- Market: Carlsbad & Vista
- Landlord: RPG
- Brokers: Andy Ewald, Aric Starck, Brant Aberg, Conor Boyle, Drew Dodds, Joe Crotty, Peter Curry & Tyler Stemley - Cushman & Wakefield
- Tenant Reps for 1812 Aston Ave: Joe Crotty, Conor Boyle, Tyler Stemley
- Tenant Rep for 3280 Corporate View: Brant Aberg
- Tenant Reps for 2330 Faraday Ave: Andy Ewald, Peter Curry
Cushman & Wakefield represented landlord RPG in the leasing transactions. Aric Starck and Drew Dodds were involved in all the deals, facilitating the agreements for RPG across the three distinct properties leased to various tenants, including an aerospace manufacturer and an EV manufacturer.
Players
Carlsbad Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93