AA U-Stor-M Acquires Industrial Property In Carlsbad For $11.85M

The industrial property located at 2070 Las Palmas Drive in Carlsbad has been sold in a transaction. The property spans 32,000 square feet and was sold at a price of $11,850,000, resulting in a price per square foot of $370.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $11,850,000
• Square Footage: 32,000
• Address: 2070 Las Palmas Drive, Carlsbad
• Market: Carlsbad

The buyer of the property was AA U-Stor-M, while the seller was Ali Nayab. The buyer was represented by Chris Smith, Andrey Mindirgasov, and Peter Hauser from Colliers International and Northmarq respectively. The seller, on the other hand, was represented by Hank Jenkins, Tucker Hohenstein, and Mike Erwin from Colliers International, as well as James Renner from Inland Pacific.