1/5/2007

Industrial building in Carlsbad, Calif., sells for $13.5 million

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2840 Loker Ave.

Bixby Land Company has purchased the 106,139 square foot industrial building at 2840 Loker Ave. in Carlsbad, Calif., for $13.5 million from H.G. Fenton Company on Jan. 5.

H.G. Fenton used Real Capital Markets to market the transaction.

Rick Reeder, Dennis Visser, Mark Emerick and Aric Starck of Grubb & Ellis/BRE Commercial represented both parties in the transaction.

The building, which is fully leased to Seltzer Chemicals and Dunn Edwards, sits on a 6.24-acre parcel in the Carlsbad Oaks Business Center.

Bixby is a private real estate investment and development firm that owns more than 50 properties in California. They have been in business since the late 1890s.

Address: 2840 Loker Ave., Carlsbad, Calif.

Size: 106,139 square feet

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Filed Under: Industrial

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