Doug Arthur Of SENTRE Acquires 2840 Loker Avenue East Industrial Facility In Carlsbad For $26.6M

The industrial facility located at 2840 Loker Avenue East in Carlsbad, CA, encompasses 104,298 square feet and spans over 6.2 acres. The property was sold for $26,600,000, with a price per square foot of $255. Fully leased, it is currently occupied by Glanbia Nutritionals and features 13 dock-high loading doors, two grade-level doors, and is equipped with 4,000 amps of power.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $26,600,000
• Address: 2840 Loker Avenue East
• Market: Carlsbad, CA
• Asset Size: 6.2 acres
• Square Footage: 104,298
• Price Per Square Foot: $255
• Buyer: Doug Arthur - SENTRE
• Seller: Aaron Hill - Bixby Capital Management; Mark Gabbay - LaSalle Investment Management
• Brokers: Hunter Rowe, Mike Longo, Barbara Perrier & Matt Carlson - CBRE
• Mortgage Brokers: Scott Peterson & Michael Kolcum - CBRE

This transaction involved key players such as Doug Arthur representing SENTRE as the buyer, while the sellers were represented by Aaron Hill of Bixby Capital Management and Mark Gabbay of LaSalle Investment Management. The brokerage team from CBRE consisted of Hunter Rowe, Mike Longo, Barbara Perrier, and Matt Carlson, with Scott Peterson and Michael Kolcum also representing the mortgage segment of the deal.