A Florida investment entity has purchased a building at the Paseo Summit office complex in Carlsbad for approximately $10.3 million, according to CoStar Group.

The seller of the property, Building A at 6183 Paseo Del Norte, was Beacon Default Management Inc. The buying entity is listed as Mlcfc 2007-7 Paseo Del Norte L, based in Miami Beach, Fla.

The 32,182-square-foot building was constructed in 1999. Current tenants include Adecco, Lincoln National Life Insurance Co. and California Midland School of Law.

— SDBJ Staff Report