The 7,058-square-foot industrial/flex condominium at 3266 Greyhawk Court, Unit T, Carlsbad 92010, has been sold for $1,122,222.
The buyer was Glocal Medical Inc., 3266 Greyhawk Court, Carlsbad 92010.
The acquisition was financed with loans of $561,111 and $448,888 from JPMorgan Chase Bank (NYSE: JPM).
The seller of the property (assessor's parcel 221-015-07-20) was Greyhawk Associates, with Daniel J. Russo, chief financial officer, and Kevin P. Hauber, vice president of operations.
Mike Bench of Colliers International represented the buyer. The seller was represented by Greg Lewis, of CBRE (NYSE: CBE).
Glocal, dba Access Medical, is a custom complex wheelchair provider serving Southern California.
The building features one 12-foot-by-12-foot grade level loading door, 400 amps of 120/208 volt power, and approximately 21-foot clear height in the warehouse.
“This is the second building we have purchased in the Greyhawk Business Center to meet the needs of our growing business in the last few years,” said Blaine Hunt, CEO and president of Access Medical.
The first was a 4,389-square-foot industrial condo at 3274 Greyhawk Court acquired for $655,980 in December 2012.
The acquisition was financed with loans of $327,990 and $262,392 from JPMorgan Chase.
In early 2012, Glocal, dba Access, leased 3274 Greyhawk for 38 months at $147,133.
The two condominiums are in the 52-acre, master-planned Greyhawk Business Center at 3250-3288 Greyhawk Court.
The center is an industrial/R&D campus of one- and two-story buildings with space available from 4,397 to 12,058 square feet.
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