CARLSBAD CA—CBRE says Miller Global Properties has purchased Ocean Ridge, a 75,000-square-foot LEED Gold office building here. Ocean Ridge was 77% leased at the time of sale.
Located at 5796 Armada Drive adjacent to the Carlsbad Flower Fields and less than one mile from the ocean, Ocean Ridge is a three-story, class A, multi-tenant office building featuring ocean views from every floor. Tenants include Morgan Stanley, Charles Schwab, West Development and Maketa Investment Group.
Louay Alsadek, Larry Cambra, Roger Carlson and Hunter Rowe of CBRE represented the seller, an institutional pension fund advisor, and Miller Global Properties.
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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.
