Cushman & Wakefield Brokers Landmark Sale of The Quad in Carlsbad Ranch [Los Angeles Times (CA)]
Cushman & Wakefield Ltd. Common Shares (CWK)
Last cushman & wakefield ltd. common shares earnings: 2/27 04:09 pm
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Source: Los Angeles Times
Cushman & Wakefield has announced that it has arranged the sale of The Quad, a four-building, Class A office and R&D campus located at 5740-5770 Fleet Street in Carlsbad Ranch, North San Diego's premier business park. Cushman & Wakefield's Aric Starck and Drew Dodds represented the seller in the transaction, and Matty Sundberg with CBRE provided leasing advisory support. The property was acquired by Barker Pacific Group “The sale of The Quad underscores the ongoing flight to quality trend in North San Diego's coastal office markets,” said Starck. “This transaction not only marks a significant milestone as the largest Class A office sale in the region since 2023, but also highlights investor confidence in well-located, amenity-rich campuses that offer both R&D and office flexibility. The Quad's scale, tenant diversity and value-add potential make it a standout asset in a supply-constrained market, and its presence in Carlsbad Ranch positions the new owner to capture a broad spectr
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