CBRE Facilitates $45 Million Sale and Financing of Single-Tenant Industrial Asset in Carlsbad, California
CBRE has arranged the $45 million sale and financing of 2081 Faraday Ave., a 157,973-square-foot single-tenant industrial corporate headquarters property in Carlsbad, California, the firm announced July 8, 2026. Majestic Asset Management acquired the fully leased asset following the firm's recent $235 million disposition in Goleta, California.
The seller was a real estate investment and management company. CBRE's Hunter Rowe, Barbara Perrier, Michael Longo, and Matt Carlson represented the seller in the transaction, while Val Achtemeier secured financing for the buyer. Leasing advisory services were provided by CBRE's Roger Carlson, Dennis Visser, and Blake Wilson.
Property Details and Amenities
Built in 1997, the facility at 2081 Faraday Ave. has undergone significant capital and tenant improvements, including high-end interior finishes and upgraded amenities designed to support corporate headquarters operations. The property spans approximately 9 acres at the corner of Faraday Ave. and College Blvd. within the Carlsbad Research Center submarket.
The building features a stadium-style LED video board, an outdoor sport court, 26-foot clear height, heavy power, and both dock and grade-level loading. The site offers immediate access to Interstate 5, providing connectivity throughout San Diego County and Southern California.
At 157,973 square feet and a $45 million transaction price, the deal implies a price of approximately $285 per square foot.
Investor Appetite for Net-Leased Industrial
"This transaction underscores the strength of the market and investor appetite for high-quality, single-tenant net leased industrial assets with long-term and durable cash flow," said Hunter Rowe, senior vice president at CBRE. "Investors continue to seek opportunities where tenants are making meaningful investments in their space. The tenant has truly made 2081 Faraday Ave a unique experience for their employees and customers."
San Diego Industrial Market Context
"Investors are increasingly searching for opportunities in markets with stability and growth. The San Diego market has become a top target for capital from across the spectrum and is generating more interest from both private and institutional investors," said Barbara Perrier, vice chairman at CBRE.
According to CBRE Research, the San Diego County industrial market continues to demonstrate strong fundamentals, supported by diverse demand drivers across the defense, technology, medical device, manufacturing, logistics, and life sciences sectors.
CBRE's Role in the Transaction
CBRE served in multiple capacities on the deal, providing investment sales representation for the seller through Hunter Rowe, Barbara Perrier, Michael Longo, and Matt Carlson; debt financing advisory for the buyer through Val Achtemeier; and leasing advisory services through Roger Carlson, Dennis Visser, and Blake Wilson.