The property, known as the Darwin Technology Center, is located in the Carlsbad Research Center at 5937-5939 Darwin Court. Morgan-Alton Ltd. bought the property from Darwin Tech LLC.
Jim Spain and Brian Strange of Colliers International represented the buyer. Dave Steffy and Kent Moore of Business Real Estate represented the seller. Completed in 2001, the project is 100% leased. Major tenants include McGraw-Hill Companies, Sultzer Dental and Sound Technologies.
Lusardi Construction Co. built the center's two structures, which reported strong preleasing prior to and during construction. The center is adjacent to Palomar Airport in the Carlsbad Research Center.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
