Gildred Companies Announces Sale of Carlsbad Flex Building, Lionspoint

Disposition supports strategic focus on multi-tenant industrial projects throughout Southern California

SAN DIEGO, Sept. 17, 2026 /PRNewswire-PRWeb/ -- Gildred Companies today announced the recent sale of Lionspoint, a 20,146-square-foot, two-tenant flex building located at 3186 Lionshead Avenue in Carlsbad, California. The property sold for $6,350,000, or $315.26 per square foot.

Originally acquired in August 2016, Lionspoint was a unique asset within Gildred Companies' broader Southern California portfolio, which is primarily focused on incubator, multi-tenant industrial properties. The disposition reflects the company's ongoing portfolio optimization strategy and its commitment to investing in high-performing industrial assets.

"We're pleased with the successful sale of this Carlsbad property," said Brook Logan, Chief Executive Officer of Gildred Companies. "This transaction allows us to further concentrate our investments in multi-tenant warehouse product across Southern California, where we continue to see strong tenant demand and long-term growth. It also enables us to redeploy capital into opportunities that align with our core investment strategy."

The property was marketed and sold by the Williams Roth Group of Lee & Associates North San Diego County. The buyer, Bomel Construction Company, is one of the nation's largest concrete contractors. The company plans to occupy the building, highlighting continued demand in North County San Diego.

Gildred Companies remains focused on acquiring and managing high-quality industrial properties that meet the evolving needs of tenants and businesses throughout Southern California.

For more information regarding this transaction, Gildred Companies' portfolio, or future investment opportunities, please contact Doug Sundstrom, Vice President, Investments, at Gildred Companies.

About Gildred Companies

Gildred Companies began in 1927 with the construction and operation of the landmark San Diego Fox Theater Building, now Jacobs Music Center and Symphony Towers.

Today Gildred Companies is a diversified organization with assets throughout Southern California, encompassing a portfolio of industrial and business parks, real estate, strategic investments in complementary businesses, and a disciplined focus on growth and acquisitions.

Media Contact

Lisa Kendall, Gildred Companies, 1 8584145855, [email protected], www.gildredco.com

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SOURCE Gildred Companies