 |
| Adam Robinson |
SAN DIEGO, CA – RAF
Pacifica Group has announced its newest Creative Industrial™ spec development
project. The company unveiled plans for “cre•ate,” a 144,461 square-foot
corporate headquarters facility situated on 9.70 acres of land in the thriving
Carlsbad market, according to Adam
Robinson, Principal of RAF Pacifica Group. This is the firm’s seventh
ground-up spec development project in the San Diego County.
“A flight to quality is
underway in the Carlsbad industrial market,” says Robinson. “Today’s industrial
users are demanding the same high-quality, creative environments as their
office counterparts, with high-tech amenities and indoor/outdoor gathering
areas that cultivate collaboration and drive innovation.
"We are building
exactly what Carlsbad’s industrial users are seeking in order to attract
creative tenants in this market.”
The firm’s planned
development will be a Creative Industrial™ corporate headquarters facility,
divisible down to 72,231 square feet and designed to accommodate one or two
tenants in the tech and biotech industries.
According to Robinson,
cre•ate will feature a true creative office aesthetic with a corporate
headquarters look and feel. The completed project will include extensive glass
for natural lighting, bi-fold vertical glass doors, modern landscaping, and
outdoor amenity areas to cultivate a live/work/play environment.
 |
| Mike Erwin |
“Today’s tech, biotech,
and manufacturing companies are seeking flexible workspaces that will allow
them to consolidate their research and development, engineering, and corporate
operations under one roof for maximum efficiency,” continues Robinson.
“The challenge is that
there is currently no existing product that integrates both creative office and
industrial space in one state-of-the-art facility. Our cre•ate project will fill this void in
the market and provide users with the work environments that will enable them
to grow and prosper.”
The cre•ate facility will
include 50,000 to 70,000 square feet of office to attract tenants in need of
extensive office space, according to Robinson.
The planned development
will also feature the most unique outdoor space ever seen in any industrial
property, as well as high-end creative office finishes and open floor plans for
a collaborative work experience. Industrial features include 30’ clear height
ceilings, ESFR sprinklers, and multiple dock-high doors.
Mike Erwin
and Tucker Hohenstein of Colliers
International represented RAF Pacifica Group as the buyer, while Ted Cuthbert
of Colliers International represented the seller.
 |
| Tucker Hohenstein |
“Carlsbad’s innovation
economy is booming, fueling the demand for workspaces that foster creativity,”
notes Robinson. “The Carlsbad Center for Economic Development recently reported
that more than 650 new patents were issued to Carlsbad businesses last year, a
rate that outpaces even innovation hubs such as the San Francisco Bay Area. Our
cre•ate project is uniquely positioned to leverage this momentum of innovation,
making this development a strong, long-term investment for our firm.”
Cre•ate will be located in
Carlsbad Oaks North, a 120-acre master planned corporate business park in
Carlsbad, California, near leading biotech firm IONIS Pharmaceuticals and two
of RAF Pacifica Group’s other Creative Industrial™ projects. The project is estimated to break ground in
the second quarter of 2017.
RAF Pacifica Group
acquired the 9.70-acre land parcel for a total consideration of $8.8 million
from Carlsbad Oaks North Partners, LP. The development site is located at the
intersection of Whiptail Loop and Gazelle Court in Carlsbad, California.
For a complete copy of the company’s news release,
please contact:
Katie Kea / Jenn Quader
Brower, Miller & Cole
(949) 955-7940
kkea@browermillercole.com
No comments:
Post a Comment