CARLSBAD, CA-In a move that makes Wasatch Commercial Management a leading player among office landlords in north San Diego County, the company has acquired six class-A office buildings here for $62 million.
Rick Reeder, Brian Driscoll and Brad Tecca of Cassidy Turley BRE Commercial represented Wasatch Commercial Management as well as the sellers, the Allen Group TA Associates Realty and Pacific Office Properties in the building sales.
“Wasatch likes to have a concentration of office space in any market they invest in,” Reeder says of the buyer. In Salt Lake City, the company has acquired nearly 3 million square feet of office space. The north San Diego County purchases make Wasatch “one of the top players in the Palomar Airport Corridor,” he adds.
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