Majestic Asset Management Acquires Industrial Facility At 2081 Faraday Ave In Carlsbad For $45M

2081 Faraday Avenue is an industrial headquarters facility located in Carlsbad, CA. The property spans 157,973 square feet and has a sale price of $45,000,000, equating to a price per square foot of $285. The facility was sold as a fully leased investment by an undisclosed seller.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $45,000,000
• Address: 2081 Faraday Avenue
• Market: Carlsbad, CA
• Square Footage: 157,973
• Price Per Square Foot: $285
• Buyer: Majestic Asset Management
• Seller: Undisclosed
• Brokers: Hunter Rowe, Barbara Perrier, Mike Longo & Matt Carlson - CBRE
• Mortgage Broker: Val Achtemeier - CBRE

CBRE was instrumental in brokering the sale of the property, representing the seller and facilitating acquisition financing for the buyer, Majestic Asset Management.