A joint venture between Graymark Capital and Blue Vista Capital Management has sold a creative 74,774-square-foot class A industrial distribution and corporate headquarters facility in Carlsbad (San Diego), Calif.
The buyer was Denver-headquartered EverWest Advisors, which acquired the freestanding coastal asset for $25.25 million.
Located at 3209 Lionshead Ave., the property is fully leased to a leading global sports apparel and outerwear company.
Aric Starck, vice chairman at Cushman & Wakefield in San Diego, which represented the seller, said, “High quality industrial assets such as this facility that are well located and well leased, especially to credit tenants, remain in very high demand in San Diego and across the region. We expect that trend to continue for at least the foreseeable future.”
3209 Lionshead Ave. is situated on 5.31 acres and was constructed in 2009. The facility features state-of-the-art creative office improvements and a h
