Harbor Associates Acquires Carlsbad Office Buildings For $34.2M

Harbor Associates has acquired an office asset located at 1900, 1902, 1903 Wright Place, and 1917 Palomar Oaks Way in Carlsbad. The property spans 177,917 square feet and was sold for a total of $34,200,000. This translates to a price per square foot of $192. The transaction took place on 03/10/2020.

Summary of transation details

• Property Type: Office
• Transaction Amount: $34,200,000
• Square Footage: 177,917
• Price per Square Foot: $192

The buyer, Harbor Associates, acquired the property from the seller, Wasatch Global Investors. The deal was brokered by Rick Reeder, Brad Tecca, Matty Sundberg, and Justin Halenza from Cushman & Wakefield.