California + San Diego + Industrial | February 14, 2023

Wimatex Buys Carlsbad Industrial Asset for $21M

Wimatex, Inc. has purchased 2271 Cosmos Court, a fully-leased, 85,000-square-foot, freestanding industrial building in Carlsbad, CA for $21.05 million. Cushman & Wakefield’s Aric Starck and Drew Dodds represented the undisclosed seller in the transaction.

The asset is leased to a global medical device and technology company. “This was a terrific value-add opportunity in an in-fill market,” said Starck. “Currently fully leased, the property provides an investor with in-place income and strong credit while allowing for future flexibility in capturing the robust industrial market demand.”

2271 Cosmos is a flexible property featuring heavy power, six dock-high doors, three grade-level doors, 24’ to 26’ clear heights and drive around access. The building also offers an amenitized entrance and a prominent two-story lobby.

This is Wimatex’s second commercial real estate purchase in the last two months in North San Diego County, following the company’s December acquisition of a two-building office portfolio in Carlsbad and Vista, CA.

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Cushman & Wakefield's Aric Starck

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

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