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LA SALLE TAKES OCEAN RIDGE OFFICE PROPERTY FOR $27.5 MILLION

CARLSBAD, CALIF. — La Salle has purchased Ocean Ridge, a Class A office property located at 5796 Armada Dr. in Carlsbad, for $27.5 million. Built in 2006 and 69 percent occupied, the three-story property offers 74,891 square feet of office space with 25,000-square-foot floor plates and state-of-the-art energy management. Lowe Enterprises Real Estate Group developed the property, which was designed by Brian Paul & Associates. Ron Jacobson and Bob Safai of Madison Partners represented the seller, Palomar Lowe, in the transaction.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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