Tuesday, July 21, 2015

SR Commercial Acquires Three Assets in San Diego, CA; Plans Spec Brewery Space to Meet Demand


Shadowridge Business Center, Vista, CA

SAN DIEGO, CA – SR Commercial has acquired three industrial assets totaling 174,496 square feet in the San Diego market, including a multi-tenant industrial business park in Vista; an industrial flex/R&D property in Carlsbad; and two free-standing industrial buildings with yards. 

Barbara Emmons
The firm plans a long-term hold for each asset, and has particularly unique plans for one of the recent acquisitions.

Spec Brewery To Be Created in Vista

“Shadowridge Business Center in Vista is uniquely positioned to serve the growing brewery community here in San Diego.  We plan to strengthen this position by building out a spec brewery space in the business park,” says Adam Robinson, a Principal at SR Commercial who founded the firm along with partner CJ Stos.

 “We’ve seen incubator space built out for other industries in San Diego, such as biotech. However, we believe we are one of the first to implement this strategy in the brewery space.”

The 91,485 square-foot Shadowridge Business Center is comprised of four buildings, including two single-tenant buildings, which are fully leased, as well as two multi-tenant buildings offering suite sizes as small as 1,000 square feet.

Louay Alsadek and Barbara Emmons of CBRE represented SR Commercial as the buyer, and also represented the seller in the transaction.

Adam Robinson
The property is located at 1930 & 1960 Watson Way and 2025 & 2055 Thibodo Road in Vista, California.

Creative Space With First-Class Finishes in Carlsbad

SR Commercial also recently acquired a free-standing corporate headquarters flex/R&D property totaling 65,041 square feet in Carlsbad, California for a total consideration of $8.725 million.

The property is an especially attractive investment based on its exceptional high-end finishes, according to SR Commercial Principal CJ Stos.

“The previous owners invested $3.6 million into the property’s interior, resulting in an extremely attractive space that will be in high demand in the Carlsbad submarket,” explains Stos, who notes that the property’s interior was refinished with expansive glass in order to create an open, creative work environment.

Aric Starck of DTZ represented SR Commercial as the buyer and also represented the seller in the transaction.

The property is located at 3193 Lionshead Avenue in Carlsbad, California.

Rare Industrial Spaces in Escondido

CJ Stos

SR Commercial also acquired two free-standing, fully occupied industrial buildings totaling 17,970 square feet in Escondido, California.
significant discount to the property’s replacement cost of approximately $175 per square foot.”

Tucker Hohenstein and Mike Erwin of Colliers represented SR Commercial as the buyer, and also represented the seller in the transaction.

The property is located at 240-245 Pauma Place in Escondido, California.


For a complete copy of the company’s news release, please contact:

Lexi Astfalk / Jenn Quader
Brower, Miller & Cole
(949) 955-7940



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