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Luminous Capital Management And Virtus Real Estate Capital Acquire Mixed-Use Property In Carlsbad For $14M

Property Image
SOLD
$14,000,000

California

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Mixed-use53,000 SF
Sold 04/29/2022
the dealdetailscomps
Property Image
SOLD

Luminous Capital Management And Virtus Real Estate Capital Acquire Mixed-Use Property In Carlsbad For $14M

5931 Priestly Drive, Carlsbad, California 92008, United States

See Similar Deals
Mixed-use53,000 SF
Sold 04/29/2022
the dealdetailscomps

Summary

CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$264
Total Square Footage:53,000 SF
Transaction Type:Sale

5931 Priestly Dr., a mixed-use property located in Carlsbad, has been sold in a transaction facilitated by Luminous Capital Management, Matt Stephenson, Virtus Real Estate Capital, and Greene Properties. The sale took place on 04/29/2022 for a total price of $14,000,000. The property spans 53,000 square feet, resulting in a price per square foot of $264.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $14,000,000
  • Address: 5931 Priestly Dr.
  • Market: Carlsbad

The buyer of the property was Luminous Capital Management, represented by Matt Stephenson and Virtus Real Estate Capital. The seller in this transaction was Greene Properties.

Players

LM
Luminous Capital Management
BUYER
VC
Virtus Real Estate Capital
BUYER

Details

SOLD
IMAGE: Matt Stephenson DATE: 04/29/2022 ADDRESS: 5931 Priestly Dr. MARKET: Carlsbad ASSET TYPE: Mixed-use BUYER: Luminous Capital Management - Matt Stephenson & Virtus Real Estate Capital SELLER: Greene Properties (@GreeneProperties) SALE PRICE: $14,000,000 SF: 53,000 ~ PPSF: $264

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