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CARLSBAD, CALIF. — Hines Interests Limited Partnership has purchased a 161,310-square-foot manufacturing/R&D building that is leased to Acushnet Company for $23.3 million. The building is located at 2819 Loker Ave. East.
The golf-related company recently extended its lease at the center through the end of July 2019. It has been a tenant here for more than 15 years. Acushnet Company is composed of the Titleist, FootJoy, Pinnacle and Scotty Cameron brands.
The property was built in 1998. It is situated along Palomar Airport Road.
Hines represented itself in the transaction, while the seller, JP Morgan Chase, was represented by Aric Starck and Rick Reeder of Cassidy Turley.