Organ Transplant Services Firm Sews Up Acquisition

CARLSBAD, CA-California Transplant Services Inc. has bought a 27,782 sf office building for $4.67 million. California Transplant Services Inc. bought the single-tenant, two- story corporate headquarters property at 5845 Owens Avenue from OCI Partners LLC. Union Bank provided financing.

Ron Jacobson and John Hoffmann of Colliers International represented the buyer. Dan Oury and Mark Emrick of Business Real Estate represented the seller. California Transplant Services, Inc. is a non-profit eye and tissue bank providing transplant services to the community. The company relocated its corporate headquarters from Cardiff to the larger Carlsbad facility in November.

The local office market remains strong. Construction of the nine-building, 102,000-sf Genesis Corporate Centre wound up recently with more than half the buildings spoken for via lease or purchase.

The office park, at 5930-5962 Priestly Dr., is a development of Pacific Carlsbad Partners LLC, comprised of Rick Dent, Frank Sciacca, Jon Kurtin and Jim Gianulas. Ron Jacobson and John Hoffmann of Colliers International are marketing the property.

The first space taker was Cambria Holdings LLC, a software development company that purchased one of the buildings for $1.6 million. Dan Oury of Business Real Estate represented the buyer of the single-story, 6,360-sf property at 5962 Priestly Drive. Union Bank provided the financing.