CARLSBAD, CA—SR Commercial, a privately held, full-service commercial real estate investment company, has acquired an 11.8-acre land parcel in Carlsbad on which the firm plans to develop a 151,500 square-foot multi-tenant industrial distribution project, according to CJ Stos, a principal at SR Commercial.

“The timing is right for this spec development,” says Stos, who founded the firm along with partner Adam Robinson.  “There is active tenant demand for multi-tenant industrial space, coupled with a limited supply of this product type in the Carlsbad region.  The combination of these factors translates into a tremendous opportunity for our firm to add value to this Southern California industrial hub.”

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