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California  + San Diego  + Industrial  | 

Partnership Bags Carlsbad Industrial in Off-Market Deal 

Harbor Associates, LLC has acquired 5801 and 5807 Van Allen in a joint venture with F&F Capital Group in an all cash off-market transaction. Harbor and F&F bought the 102,360-square-foot industrial portfolio, located in the Carlsbad Research Center in Carlsbad, for $21,250,000. Dennis Visser and Matt Pourcho of CBRE advised the seller. 

The sale included a leaseback with the seller at 5807 Van Allen Way, and Harbor will market 5801 Van Allen Way to traditional industrial and life science users. The property is Carlsbad’s newest industrial building, built in 2021, and includes passive solar cooling with operable windows, two dock high doors and three grade doors along with prominent street frontage along Faraday Avenue. 

Rich McEvoy, principal for Harbor, said, “Carlsbad Research Center is the pre-eminent location in North San Diego for Fortune 500 users and these buildings are well suited to meet the market needs.” 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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