Majestic Asset Management has purchased a single-tenant industrial corporate headquarters property in Carlsbad, with CBRE arranging both the sale and financing of the asset. The transaction, valued at $45 million, involves 2081 Faraday Ave., a 157,973-square-foot industrial facility that is fully leased and operated as a corporate headquarters.
CBRE reported that the buyer acquired the property after completing a recent $235 million disposition in Goleta, indicating that the new purchase follows a sizable capital recycling move. The seller in the Carlsbad transaction is described as a real estate investment and management company, which selected CBRE to represent it in the sale.
The CBRE capital markets team of Hunter Rowe, Barbara Perrier, Michael Longo and Matt Carlson represented the seller in the disposition of 2081 Faraday Ave. On the debt side, CBRE’s Val Achtemeier secured financing on behalf of Majestic Asset Management, providing a combined sales and financing execution through a single platform.
CBRE also provided leasing advisory services at the property, with Roger Carlson, Dennis Visser and Blake Wilson supporting the asset’s leasing efforts. The building is fully leased to a single tenant under a net lease structure, and the tenant has made substantial investments in its space, according to CBRE.
Speaking about the transaction, Rowe noted that the deal highlights strong market fundamentals and sustained investor demand for high-quality, single-tenant, net leased industrial properties offering long-term and durable cash flow. He added that investors are focusing on assets where tenants are committing meaningful capital to customize and enhance their premises.
Built in 1997, 2081 Faraday Ave. has undergone significant capital and tenant improvements over time. CBRE indicated that the property now features high-end interior finishes and upgraded amenities tailored to support corporate headquarters operations, contributing to what it characterized as a unique environment for the tenant’s employees and customers.
The acquisition underscores continuing capital flows into stabilized industrial assets in Carlsbad, particularly those combining modernized physical infrastructure with credit-backed, long-term occupancy. With the asset fully leased and recently upgraded, Majestic Asset Management’s purchase aligns with investor interest in industrial properties that can provide predictable income streams and operationally enhanced workspaces.
