Carlsbad residents and local businesses will see a change in ownership of a prominent corporate campus after CBRE negotiated the $45 million sale of 2081 Faraday Avenue, a 157,973-square-foot industrial headquarters facility located on nine acres in the city.
Majestic Asset Management acquired the property from an undisclosed investment and management company, according to CBRE. The facility was fully leased at the time of sale.
What the property offers
Built in 1997 and upgraded since, the complex includes interior and tenant improvements intended to support corporate operations. CBRE said the amenities and structural features position the site for continued use as a headquarters campus.
- Size: 157,973 square feet
- Site: 9 acres
- Clear height: 26-foot clear heights
- Loading: Dock-high and grade-level loading
- Power: Heavy power capacity
- Amenities: stadium-style LED video board, outdoor sport court, upgraded interior finishes
Officials and firms involved
CBRE represented the seller in the transaction. The brokerage team included Hunter Rowe, Barbara Perrier, Michael Longo and Matt Carlson. Financing for the buyer was secured by Val Achtemeier of CBRE Capital Markets Debt & Structured Finance.
CBRE described the interior as featuring "high-end" finishes and noted capital improvements designed for corporate headquarters use.
Local context and potential impacts
The sale consolidates ownership under Majestic Asset Management, which now controls a substantial headquarters-style industrial asset in Carlsbad. For residents, the change in ownership is most likely to influence long-term leasing stability, property maintenance and any future capital projects that could affect traffic, local services and employment at the site.
Because the facility was fully leased at closing, immediate operational disruption is unlikely. However, ownership changes can lead to new investments in amenities or rebranding that may alter how the property interacts with the surrounding business community.
| Detail | Data |
|---|---|
| Sale price | $45 million |
| Building area | 157,973 sq ft |
| Site size | 9 acres |
| Buyer | Majestic Asset Management |
| Seller representation | CBRE (Rowe, Perrier, Longo, Carlson) |
| Buyer financing | Val Achtemeier, CBRE Capital Markets Debt & Structured Finance |
Local officials were not identified in the announcement and no tenant names were disclosed. CBRE noted that the property has undergone significant capital and tenant improvements since its construction in 1997, including upgraded amenities and interior finishes to support corporate headquarters operations.
For Carlsbad's commercial real estate market, the transaction represents continued investor interest in headquarters-style industrial assets that combine office-quality finishes with logistics-appropriate features such as high clear heights and heavy power capacity.
