Harbor Associates And F&F Capital Group Acquire Carlsbad Industrial Buildings For $21.2M

Harbor Associates and F&F Capital Group have acquired two industrial buildings at 5801 and 5807 Van Allen Way in Carlsbad, 30 miles north of San Diego, for $21.2 million. The 102,360-square-foot portfolio, located in the Carlsbad Research Center, includes features like passive solar cooling and dock-high doors, and one of the buildings involves a leaseback with the seller.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $21,200,000
• SF: 102,360
• PPSF: $207
• Address: 5801 & 5807 Van Allen Way
• Market: Carlsbad

The buyers involved in this transaction are Harbor Associates represented by Rich McEvoy and F&F Capital Group represented by Jeff Frieden. The deal was brokered by Dennis Visser and Matt Pourcho of CBRE.