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Diversified Properties Sells Carlsbad Industrial Property For $11.6M With CBRE Brokers

Property Image
SOLD
$11,600,000
Roger Carlson
Blake Wilson
+ 4

California

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Industrial447,570 SF
Sold
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Property Image
SOLD

Diversified Properties Sells Carlsbad Industrial Property For $11.6M With CBRE Brokers

1900 Aston Ave, Carlsbad, CA 92008, USA

See Similar Deals
Industrial447,570 SF
Sold
Roger Carlson
Blake Wilson
+ 4
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$25
Total Square Footage:447570 SF
Transaction Type:Sale

Diversified Properties has sold an industrial property located at 1900 Aston in Carlsbad. The property, measuring 44,757 square feet, was sold for a price of $11,600,000, equating to $259 per square foot.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $11,600,000
  • Size: 44,757 square feet
  • Price per square foot: $259
  • Market: Carlsbad

The sale of the property was facilitated by the CBRE team consisting of Matt Pourcho, Anthony DeLorenzo, Gary Stache, Doug Mack, Bryan Johnson, Roger Carlson, and Blake Wilson. Their expertise and representation played a crucial role in the successful completion of the transaction.

Players

Blake Wilson
5 deals$84.7M volume(858) 740-7411
BROKER

Bryan Johnson
CBRE
49 deals$763.9M volume(949) 809-3762
BROKER

Doug Mack
CBRE
20 deals$251.1M volume
BROKER

Gary Stache
CBRE
33 deals$481.9M volume
BROKER

Anthony DeLorenzo
CBRE
116 deals$2B volume
BROKER

Matt Pourcho
CBRE
48 deals$650.7M volume
BROKER

Roger Carlson
CBRE
7 deals$389.4M volume
BROKER

SELLER

Details

SOLD
IMAGE: Matt Pourcho, Gary Stache, Anthony DeLorenzo & Bryan Johnson DATE: 08/03/2020 ADDRESS: 1900 Aston MARKET: Carlsbad ASSET TYPE: Industrial PRICE: $11,600,000 SF: 44,757 PPSF: $259 SELLER: Diversified Properties BROKERS: Matt Pourcho, Anthony DeLorenzo, Gary Stache, Doug Mack, Bryan Johnson, Roger Carlson & Blake Wilson – CBRE

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$41,212.34
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