CARLSBAD, Calif. (Jan. 20, 2022) — A Carlsbad office building sold for $2,085,000 on Jan. 18, 2022, Commercial Asset Advisors announced.
The 7,539-square-foot, Class B property is designed for an owner-user. It is located near the highly desirable coastal community of Carlsbad Village, and is adjacent to the Interstate 5 freeway connecting north San Diego County. The property address is 5140-5142 Avenida Encinas, Carlsbad, CA 92008.
Mike Conger and Austin Fellows of Commercial Asset Advisors represented the seller, Benchmark Pacific Poinsettia. Scott DeGoler of PropertyADVANTAGE represented the buyer, Immobilier Fund V, LLC.
“CAA was able to find the right buyer to own and occupy this desirable property,” said CAA Sales Associate Austin Fellows. “Our experience in navigating some unexpected hurdles allowed us to ensure our client’s goals were met, while simultaneously keeping the sale on track to ensure a smooth transaction for all.”
CAA has represented multiple buyers and sellers in all product types this year all over San Diego County, demonstrating the firm’s ability to maximize values regardless of product type, location, or situation.
For additional information, you may contact Mike Conger, CAA Principal (DRE Lic. # 01381193), at mike@caacre.com or Austin Fellows, CAA Sales Associate (DRE Lic. # 02113599), at austin@caacre.com.
About Commercial Asset Advisors
Commercial Asset Advisors is a San Diego-based commercial real estate brokerage that specializes in serving the unique needs of individual private clients, as well as family offices, corporate, institutional, nonprofit and national organizations. As a full-service CRE firm, our team has assisted property owners from Central San Diego, North County, East County, South County and beyond to maximize the value of their investments including office, retail, industrial, apartment and multi—family, mixed-use projects, ground-up development tenant representation and much more. With experience earned through exceptional hard work, CAA has successfully completed over 1,400 sale and lease transactions totaling over $500 million in consideration. CAA provides unmatched customer service and strategic advice in all areas, asset types, and transaction structures.