REBusinessOnline

Berdan Holdings Buys FedEx Shipping Facility in Carlsbad, California, for $24.5M

The property was built in 1999. It is fully leased to FedEx on a net lease basis.

CARLSBAD, CALIF. — Berdan Holdings has purchased a 109,807-square-foot FedEx shipping facility in Carlsbad for $24.5 million. The facility is located at 2495 Faraday Ave.

The property was built in 1999. It is fully leased to FedEx on a net lease basis. Property features include 32-foot clear height, 10,900 square feet of office space, nine dock and nine grade-level doors.

Ron Jacobson of SD Realty Partners represented Berdan Holdings, while Aric Starck of Cushman & Wakefield’s San Diego office represented the seller, Leonard Living Trust, in this transaction.

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