Hines Inks 161 KSF Renewal at CA Industrial Asset

Acushnet Co., a parent company for golf industry brands, signed another 10-year lease at the industrial building in Carlsbad, Calif. CBRE represented the tenant in the lease renewal.
  • by IvyLee Rosario | Feb 06, 2018

2819 Loker Ave. East, Carlsbad, Calif.
2819 Loker Ave. East, Carlsbad, Calif.

Hines has completed a 10-year lease renewal for Acushnet Co. to occupy 161,310 square feet at its Class A industrial location in Carlsbad, Calif. The parent company for gold industry brands has been a tenant at 2819 Loker Ave. East since 1999 and has been the sole tenant since 2004. 

Hines acquired the building in 2014 through a fund that it manages. As part of the lease agreement, the company will build out a 5,000-square-foot mezzanine to expand the current square footage to 166,000. The property offers close access to the main parkway, the 5 Freeway and Palomar Airport Road. 

Roger Carlson and Lannie Allee of CBRE represented Acushnet in the lease renewal, while Aric Starck of Cushman & Wakefield represented Hines. 

Last week, McKesson Corp. has signed a full-building lease for 125,000 square feet at Hines’ 105-acre Southside Quarter development in Jacksonville, Fla. 

Image courtesy of Hines   

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