X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CARLSBAD, CA-Focus Real Estate has acquired a value-added, single-tenant 47,762 industrial building in Carlsbad. The building was purchased from an international tile company who will lease the property back for a two-year period.  Focus has the option to replace the tenant during the lease-back period, and intends to market the building for sale or lease after completing a renovation program.Focus closed the acquisition with equity from high net worth investors and debt from SunWest Bank, placed by Bridgeport Investments.Chuck McNary and Erik McNary of Colliers International represented Focus Real Estate, and Roger Carlson and Lannie Allie of CBRE represented the seller.Focus is seeking value-added office and industrial investment opportunities between $5M and $20M in Los Angeles, Orange, San Diego, San Bernardino and Riverside Counties. Focus Real Estate has acquired or developed over 1.5MM SF in over 50 office and industrial buildings in Southern California with private and institutional investors.  Focus draws upon the deep experience of its partners who have a combined 80 years of experience and have acquired or developed over $2.5B in real estate during their careers. 

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.