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| 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
