
Medical R&D Company Claims Carlsbad Facility
San Diego-based CLIAWaived, Inc. acquired a 20,329-square-foot industrial warehouse in Carlsbad from J&L Venture Group, LLC for $4.17 million. The buyer, an R&D company, will use this property at 2721 Loker Ave. W. for product development and distribution. The company provides point-of-care, medical diagnostic and laboratory products including lab and medical supplies, drug testing devices and analyzers.
Voit Real Estate Services’ Todd Holley, SIOR, directed the sale on behalf of the buyer. JLL’s Chris Baumgart and Steven Fields represented the seller.
Holley says, “This transaction exemplifies the strength of the Carlsbad Industrial market. Despite the pandemic, demand is very strong for well-located industrial assets. While conducting business during these times has presented many challenges, managing the timeline of the sale process along with my client’s expectations were crucial in getting this transaction across the finish line.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition