Darwin Court

5935 Darwin Court, Carlsbad, Calif.

Darwin Court is a one-story structure with second-floor mezzanine. Cruzan | Monroe purchased the asset while vacant, repositioned it for corporate office use, and then signed a lease with a full-building tenant. Improvements to the building included the construction of a new two-story lobby with an exposed feature stair; the modernization of the existing shell HVAC core system; and the complete renovation of the project's hard-scape entrance, monument sign and landscaping.

The Facts:

  • Site Acreage: 
    3.45
  • Square Footage: 
    52,260
  • Acquisition Date: 
    January 2006
  • Acquisition Price: 
    $6.35 M
  • Sale Date: 
    January 2008
  • Sale Price: 
    $15.25 M