A 46,236 square foot office building in Carlsbad is adding to a number of office buildings in the larger San Diego metro that have been placed up for sale. According to a listing by Cushman & Wakefield, the property, which is located at 1917 Palomar Oaks Way, is part of the larger four-building Wright Campus.
While Cushman & Wakefield did not respond to a request for comment, a listing on the brokerage firm’s website shows the asset is up for sale for $12.25 million, or about $265 per square foot. The property is currently owned by Harbor Associates, which acquired it in March of 2020, according to public records.
The building totals three-stories and was initially built in 2001. However, with renovations completed in 2020, the building offers a mix of amenities, including a new lobby, secure card key building access and landscaping. The Wright Campus is also home to an outdoor lap pool and hot tub, patio, barbecue areas, a volleyball court and fitness center.
Offsite, the property is also closely located near a number of retail amenities and restaurants. Just east of Interstate 5, the building is also closely located to the McClellan-Palomar Airport and numerous hotels, such as Home2 Suites by Hilton Carlsbad and the Courtyard by Marriott San Diego Carlsbad.
According to the offering memorandum, Carlsbad is also approximately 35 miles north of downtown San Diego and 54 miles south of the John Wayne Airport in Orange County via Interstate 5. The city is also home to a number of corporate headquarters, including Walmart Labs, GoPro, Callaway Golf, TaylorMade, Titleist, Beckman Coulter, ViaSat and Thermo Fisher.
“When combined with the city’s desirable quality of life, coastal location, proximity to residential communities and diversified economy, Carlsbad is well positioned to maintain its status as the location of choice for technology companies particularly due to a continued ability to recruit local talent,” the listing states.