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Carlsbad Office Building Sells for $23.4 Million

Photo courtesy of Cushman & Wakefield Inc.
Photo courtesy of Cushman & Wakefield Inc.

San Diego Business Journal reports, "Cole Real Estate Investments of Los Angeles has purchased a Carlsbad office building for approximately $23.4 million, according to brokerage services provider Cushman & Wakefield Inc., which represented the seller."

The almost 82,000-square-foot property is located at 5770 Armada Drive.

The space is currently fully leased to SkinMedica Inc., a wholly owned subsidiary of Allergan Inc, reported SDBJ.

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