Grubb & Ellis|BRE Commercial, one of the leading providers of integrated real estate services, has announced several new lease signings in recent months, totaling more than $11.25 million, at Ventana Real, Carlsbad's newest and largest Class A office development located at the intersection of Salk Avenue and El Camino Real.
Ventana Real is the ultimate display of grandeur that provides tenants a first-class business environment. Located at the corner of El Camino Real and Salk Avenue in Carlsbad, its hilltop location provides high visibility, outstanding panoramic views and prominent frontage road access.
Emerging Information Systems Inc. signed a seven-year lease valued at more than $3 million and occupies 12,800 square feet in the two-story, 62,222-square-foot building located at 2177 Salk Ave.
Euro RSCG Direct Response LLC signed a seven-year lease valued at more than $5.7 million. The worldwide media company occupies approximately 28,295 square feet, the entire third floor, of Ventana Real's three-story, 81,750-square-foot building located at 2173 Salk Ave. The lease is one of the largest Class A office transactions in Carlsbad history.
Barbeques Galore Inc. occupies approximately 8,800 square feet of the same building for five years. Its lease is valued at $1.8 million-plus.
Brightstar Golf is the most recent company to join the lineup of new tenants at Ventana Real, signing a five-year lease valued at more than $740,000. The firm occupies 4,158 square feet.
Jeffry Brusseau of Newport National Corp. is directing the development of Ventana Real, which will ultimately encompass more than 220,000 square feet of Class A office space. The first phase, completed in July, consists of one three-story, 81,750-square-foot building (2173 Salk Ave.) and one two-story, 62,222-square-foot building (2177 Salk Ave).
Construction on the second phase, which will include an additional 81,750-square-foot, three-story building (2175 Salk Ave.), is slated to begin in the coming months. Additional leases on the first buildings are currently in negotiations.
The project has the ability to accommodate a large Class A office tenant with the construction of the second phase at any time, according to Grubb & Ellis|BRE Commercial's Mark Avilla, one of the project's leasing agents.
Leasing on behalf of the landlord is being handled by Avilla, Justin Halenza and Matty Sundberg of Grubb & Ellis|BRE Commercial. For more information on leasing at Ventana Real, call (760) 431-4200.
Submitted by Grubb & Ellis|BRE Commercial