CARLSBAD, CA—DTZ has completed the $12.2 million sale of 3209 Lionshead Ave., a 74,000 square foot, single-tenant corporate headquarters building strategically located in Carlsbad.
DTZ's Rick Reeder, Brad Tecca, Dennis Visser and Aric Starck represented the buyer, San Francisco-based Graymark, and seller, Irvine-based LBA Realty, in the transaction.
“This marks Graymark's first purchase in San Diego,” said Tecca. “We're seeing increased interest from outside parties, as potential returns on the investments are greater here than in many other regions. It's our job to find mutually beneficial opportunities for all concerned. It was an honor to do so for both Graymark and LBA Realty.”
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
