Harbor Associates, LLC has recently acquired two industrial properties located at 5801 and 5807 Van Allen in Carlsbad through a joint venture with F&F Capital Group. This all-cash off-market transaction was valued at $21,250,000 and was advised by CBRE’s Dennis Visser and Matt Pourcho.
The portfolio spans over 102,360 square feet within the prestigious Carlsbad Research Center. The newest addition to this center is the state-of-the-art building constructed in 2021 featuring passive solar cooling technology with operable windows. It also boasts prominent street frontage along Faraday Avenue along with two dock high doors and three grade doors.
According to Rich McEvoy, principal for Harbor Associates LLC., these buildings are strategically positioned to cater to traditional industrial as well as life science users seeking prime locations in North San Diego. With one of the properties already leased back by its previous owner while Harbor plans on marketing the other property soon after acquisition.
This partnership marks another successful deal for both parties involved without any involvement from Connect or its affiliates.
