TLR Properties of Los Angeles has acquired a Carlsbad industrial building for $2.9 million, according to brokerage firm Lee & Associates.
The seller of the 21,415-square-foot property, at 1959 Kellogg Ave., was Kellogg LLC. The buyer and seller were represented by Lee & Associates’ Rusty Williams and Chris Roth.
Brokers said the buyer paid cash for the building and plans renovations before putting it on the market for lease.
According to CoStar Group, the seller is a Vista-based affiliate of Hamann Companies of El Cajon. The two-story building was constructed on 1.55 acres in 1995.
