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Urban Property Group Announces Sale of Two Carlsbad Properties

Carlsbad CA— Urban Property Group is proud to announce the sale of a 10,583 SF flex condo located in the community SpectrumFlex at Bressi Ranch, at 2710 Gateway Rd, and a 3,474 SF freestanding office condo located at The Towers at Bressi Ranch at 6096 Innovation Way.

Flex Condo at SpectrumFlex

(Photo courtesy: UPG)

Amy McNamara of Urban Property Group represented the Buyer, BTA Partners, LLC. Matty Sunberg and Bob Cowan of Cushman & Wakefield represented the Seller, Adrenaline Junkies Group, LLC. 2710 Gateway Rd is located at SpectrumFlex, part of the Bressi Ranch Master Community, which is one of Carlsbad’s most desirable industrial/flex developments. “This sale shows strong demand for businesses looking to provide an all-inclusive environment for their employees post Covid,” said McNamara. “There is continued growth opportunity in the owner/user market for quality properties.”

The Towers at Bressi Ranch

(Photo courtesy: UPG)

BTA Partners, LLC sold the properties with representation by Amy McNamara of Urban Property Group and the buyer, VRM CPA’s, was represented by Hank Jenkins of Colliers International. 6096 Innovation Way is located at The Towers at Bressi Ranch which sits on 20 acres within Bressi Ranch Corporate Center, a 132-acre, campus style mixed use business park in Carlsbad. Conveniently situated at the main entrance of Bressi Ranch on Innovation Way and Palomar Airport Road, the Towers’ office/flex condos cater to small entrepreneurial businesses and large corporations with satellite offices looking for owner/user opportunities. The project is a LEED-certified development project. “The Seller is expanding their footprint within the Carlsbad market”, said McNamara. “This off-market property sold at record level pricing for the Towers at Bressi Ranch” On behalf of the Seller, Urban Property Group has made a donation to the Boys and Girls Clubs Carlsbad.

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