CORFAC News

Todd Holley, SIOR, Senior Vice President & Partner, in Voit Real Estate Services/CORFAC International's San Diego office successfully directed the $3.02 million sale of a 14,610 square-foot industrial warehouse in Carlsbad, CA, on behalf of the seller, Loker Realty, LLC, based out of New York. The exchange buyer will lease out this property, according to Holley. The buyer, was represented by Bret Morris of Stream Realty.

“This transaction exemplifies the growing strength of the Carlsbad Industrial market,” commented Holley. “Despite the pandemic, demand is very strong for well-located industrial assets. While conducting business during these times has presented many challenges, managing the timeline of the sale process along with my client’s expectations were crucial in getting this transaction across the finish line.”

“Todd helped us locate a buyer in a timely and seamless manner,” stated Marc Beige, Managing Partner of Loker Realty, LLC.  “He assumed full responsibility to search for a buyer that met our criteria and negotiated with the buyers to execute a quick sale for us.  After the initial acceptance of our offer, Todd continued to provide first-class service by providing us referrals for services making the transaction quick and stress free.” 

The property is located at 2711 Loker Avenue W. in Carlsbad.

About Voit Real Estate Services/CORFAC International 
Voit Real Estate Services/CORFAC International is a privately held, broker owned Southern California commercial real estate firm that provides strategic property solutions tailored to clients' needs. Throughout its almost 50-year history, the firm has developed, managed and acquired more than 64 million square feet, managed $1.4 billion in construction projects and completed in excess of $52 billion in brokerage transactions encompassing more than 50,000 brokerage deals.  Voit’s unmatched expertise in Southern California brokerage, investment advisory, financial analysis, and market research enable the firm to provide clients with forward looking strategies that create value for a wide range of assets and portfolios. Further information is available at www.voitco.com.