2453 Cades Way -- Photo courtesy of Lee & Associates

2453 Cades Way -- Photo courtesy of Lee & Associates

Investor Paul Wagner of Carlsbad has acquired a Vista industrial building for $3.15 million, according to brokerage company Lee & Associates and public data.

The seller of the 29,137-square-foot property, at 2453 Cades Way, was Atlantis Holdings LLC of Vista, represented by Trent France of Lee & Associates and Kent Moore of brokerage firm DTZ. The buyer, who also owns an adjacent building, represented himself.

Brokers said the seller has leased back its current space within the multi-tenant building from the new owner. According to CoStar Group, the building was constructed on 2.6 acres in 1988.