Regent Properties has offered three industrial websites, together with a Carlsbad analysis and improvement campus, for a mixed $130.75 million, actual property officers mentioned.
The North County portfolio consists of Atlas, the 230,957-square-foot R&D campus, which additionally consists of workplace area, together with two single-tenant company headquarters.
Vice Chairman Aric Starck and Senior Affiliate Drew Dodds of Cushman & Wakefield represented Regent within the transactions.
Atlas, which accomplished a serious redevelopment in 2017, was acquired by Boston-based Tritower Monetary Group, LLC for $88.75 million in June.
Located on greater than 14 acres atop a hillside, the campus, at 5909 and 5919 Sea Otter Place, was 81% leased to a roster of tenants that embrace DJO International, Syneos Well being, Nortek, and Airspace Applied sciences.
Cushman & Wakefield’s Ben Schwartz and Brian Share organized financing for Atlas on behalf of Tritower. The agency additionally will deal with future leasing and property administration for the challenge.
Atlas, Starck mentioned, was designed to assist fashionable enterprise wants, whereas additionally being “an amazing value-add and/or life science conversion alternative that was enticing to buyers.”
The opposite two amenities, situated on close by parcels at 5540 and 5541 Fermi Courtroom, make up a 114,835-square-foot portfolio that was acquired by Silicon Valley-based Menlo Equities for $42 million.
One of many buildings is 2 tales and totals 64,948 sq. ft with workplace, manufacturing labs and showroom area. It’s the world headquarters for the multinational golf model Taylormade.
The opposite, additionally a two-story constructing, totals 49,887 sq. ft and consists of workplace, engineering, sound labs and showroom area. The constructing serves as the house for Sound United, a worldwide audio firm.