SOLD
Core Contracting Acquires Carlsbad Office Building For $4.42M
1530 Faraday Avenue
Office
13,093 SF
13,093 SF
Sold 220 days ago
Summary
Sale
CALIFORNIA
Office
13,093 sqft
A 13,093-square-foot office building located at 1530 Faraday Avenue in Carlsbad has been sold for $4,420,000. The transaction was brokered by CBRE and saw the property acquired by Core Contracting. This sale reflects the strong demand for owner-user properties in San Diego, where the cost of ownership remains favorable compared to leasing due to high rental rates.
Summary of transaction details:
- Property Type: Office
- Sale Price: $4,420,000
- Square Footage: 13,093
- Price Per Square Foot: $338
- Address: 1530 Faraday Avenue
- Market: Carlsbad
CBRE represented the seller in this transaction, with a team consisting of Nick Williams, Blake Wilson, Roger Carlson, Matt Pourcho, Anthony DeLorenzo, and Matt Harris. Core Contracting acted as the buyer in this deal. The sale highlights the expertise of these brokers in facilitating successful transactions in the Carlsbad market.
Players
All
7
Agents
6
Agencies
1
Details
SOLD
IMAGE: Matt Pourcho, Anthony DeLorenzo, Matt Harris, Nick Williams, Roger Carlson & Blake Wilson
DATE: 10/09/2023
ADDRESS: 1530 Faraday Avenue
MARKET: Carlsbad
ASSET TYPE: Office
BUYER: Core Contracting (@CoreContractingInc)
BROKERS: Nick Williams, Blake Wilson, Roger Carlson, Matt Pourcho, Anthony DeLorenzo (@AnthonyDelorenzo) & Matt Harris - CBRE (@CBRE)
SALE PRICE: $4,420,000
SF: 13,093 ~ PPSF: $338
NOTE: CBRE brokered the $4.42 million sale of a 13,093-square-foot office building in Carlsbad to Core Contracting. The deal reflects robust owner-user demand in San Diego, where ownership costs remain favorable compared to leasing due to high rents.View on map
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Address1530 Faraday Avenue
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