Global Building Announces to Sell Class A Office Building In Carlsbad, CA

Global Building Announces to Sell Class A Office Building In Carlsbad, CA

November 5, 2018

Cushman & Wakefield has been retained as the exclusive advisor to the Seller, Global Building, LLC, for the sale of 2888 Loker Avenue East, a well-positioned, best in class, multi-tenant atrium style office building. The property is located in the heart of North San Diego County, amongst some of the County’s most affluent communities.

Built in 2007, 2888 Loker features modern architectural finishes and efficient designs. The 99 existing suites surround a lush tropical outdoor atrium with outdoor covered walkways and exterior suite entrances. The project totals approximately 80,659 square feet with individual suites ranging from 88 to 2,400 square feet. Additionally, the property includes a 58,050 square foot parking structure.

Ideally located on the prominent corner of Palomar Airport Road and Loker Avenue East, 2888 Loker benefits from excellent street frontage and visibility. Palomar Airport Road is the region’s main thoroughfare and provides access to Interstate 5 and Pacific Coast Highway as well as State Route 78. Adjacent to the property is Bressi Village, an upscale retail center that includes Shea Properties’ 87,000 square foot Bressi Square, scheduled for completion in early 2019.

2888 Loker is being offered without an asking price, free and clear of any debt to assume.

For more information regarding 2888 Loker Avenue East, please contact Aric Stark, Executive Managing Director at Cushman & Wakefield. (760) 431-4211