"We are proud to continue our relationship with Palomar Technologies, a thriving high-tech company," says Kevin Hill, vice president of leasing with H.G. Fenton Co., owner of the property. Financial terms were not disclosed.
"Our diligence to exceed tenant expectations through acute attention to meeting their changing needs results in long-standing tenant relationships and continues H.G. Fenton Co.'s tradition of quality service," Hill adds. Carlsbad Crossroads, a 10-building, 175,600-square-foot R&D park, is set on 12 acres, and is just minutes from Palomar Airport Road. The park is now 97% leased. Additional tenants include Noven Pharmaceuticals, Sensient Imaging Technologies and Project Walk.
In the transaction, Palomar Technologies was represented by Glenn Friedrich of CresaPartners. H.G. Fenton was represented by Dennis Visser of Grubb & Ellis.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
