Ocean Ridge

5796 Armada Drive, Carlsbad, CA

Developed in 2006, Ocean Ridge is a modern office environment inspired by Carlsbad’s coastal lifestyle.  Unparalleled ocean views along with the property’s distinct architecture and a steel, stone, and glass exterior, make the prestigious Carlsbad Ranch, home to some of the most recognized finance and technology firms.  Ocean Ridge is Carlsbad’s premier office experience.

  • 75,937 SF Class A+ office building in the coastal Carlsbad sub-market of San Diego, CA
  • Purchased for $28.25M ($372/SF) and 6.63% cap rate in June 2020
  • Panoramic ocean views situated near 500,000 SF of retail and over 50 restaurants
  • Outdoor workspace, subterranean parking, onsite showers and lockers and bike storage – a compelling connection to the best of coastal San Diego
  • Impressive tenant mix anchored by Morgan Stanley, Charles Schwab, Meketa Investment Group and InvestCloud, along with several other prominent companies
  • Investing in light value-add plan to include new signage, property re-brand, and amenitization of common areas

Matty Sunberg
Lic. No. 01257446
matty.sunberg@cushwake.com
(760) 431-4232

Justin Halenza
Lic. No. 01238120
justin.halenza@cushwake.com
(760) 431-4221