Flight, Carlsbad, CA
- 211,815 square foot Life Sciences / Creative Office Campus in Carlsbad, CA in North San Diego County.
- 36% leased, primarily to credit tenants including Activision Blizzard, IDEX Health & Science and Lightbox.
- The project was originally the Hughes Aircraft R&D division headquarters.
- Prior institutional ownership invested substantial capital to renovate the project including exterior upgrades, modern common area and lobby, fitness center, bistro and outdoor amenity area.
- The project has robust systems with 7,000 amps of power, large floor plates, up to 24′ clear heights, dock / grade-level loading and 4/1,000 parking.
- San Diego has become the 3rd largest life sciences hub in the U.S with a highly-educated workforce, strong university support from UCSD and high quality of life.
- Property purchased at a significant discount to replacement cost.