California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
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.”
- ◦Sale/Acquisition


