Carlsbad CA— Colliers International San Diego Region announces the sale of a 2,617 square foot, single story medical office building located in the Carlsbad Medical Village at 1297 Carlsbad Village Drive, Carlsbad, CA (92008) for $1,110,000.
Marc Posthumus and Amy McNamara of Colliers International represented the buyers, Chris and Kellen Tadano of Carlsbad Family. The buyers plan to build out the shell-condition building for their dentistry practice and will begin occupancy in Spring 2016. Carlsbad Medical Village, LP was the seller.
The Carlsbad Medical Village is a five building project that was developed in 2006 and is one of the few projects in the Carlsbad Village that was specifically designed for medical uses. 1297 Carlsbad Village Drive was the final available building sold by the developer and brings the project to 100% occupancy.
“With this purchase, Carlsbad Family Dentistry will occupy a brand new building for a lower cost than paying a current market lease rate,” said Marc Posthumus, Vice President at Colliers International.
About Colliers International
Colliers International has been the fastest growing commercial real estate firm in the world over the past 10 years and is ranked number 5 in the IAOP® annual list of Global Outsourcing 100 companies. It offers a full range of commercial real estate services in the United States, Canada, Europe, Australia/New Zealand, Asia and Latin America. For the year ended December 31, 2014, pro forma revenue, including contribution from acquisitions completed during the year, totaled US$1.7 billion.