Equinvests Capital Acquires Camino West Corporate Park in California for $8.8M
CARLSBAD, CALIF. — San Diego-based Equinvests Capital has purchased Camino West Corporate Park, an office property in Carlsbad. Swift Real Estate Services sold the asset for $8.8 million.
Situated on 4.4 acres at 2035 Corte del Nogal, Camino West Corporate Park features 54,830 square feet of office space. At the time of sale, the two-story, multi-tenant property was 72 percent leased. The asset also recently underwent a $2.6 million remodel, including new lobbies, common area, corridors, landscaping, lighting, outdoor lounge areas and restrooms. The office park features an on-site deli, showers and lockers.
Louay Alsadek, Matt Pourcho, Hunter Rowe, Anthony DeLorenzo and Gary Stache of CBRE represented the seller in the transaction.