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   justify-content: center; font-family: Inter,sans-serif; ">
    <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F5926c5d9-41e8-488f-aa99-4f263b9bd40a%2F9fc6e41b-81ee-4d87-b953-dae653681422" onerror="this.style.display='none'" alt="Carlsbad Pacific Center Image" style="object-fit: cover; width: 200px;" />
    <p style="margin-top: 0.5rem; text-transform: uppercase; font-size: 10px; letter-spacing: 0.025em;"> Office </p>
    <p style="margin-top: 0.05rem; color: #0D1321; text-align: left; font-weight: 400; font-family: Cormorant Garamond, serif; font-size: 20px;">
      Carlsbad Pacific Center
    </p>
    <p style="margin-top: 0.25rem; text-transform: uppercase; font-size: 8px; letter-spacing: 0.1em;"> Carlsbad,  CA </p>
    <p style="margin-top: 0.25rem;">By Newmark Group Inc.</p>
    <a href="https://platform.reverecre.com/project/5926c5d9-41e8-488f-aa99-4f263b9bd40a" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
      View Listing
    </a>
  </div>


Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle.

Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum.

For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of March 31, 2024, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,600 professionals around the world.

To learn more, visit nmrk.com or follow @newmark.

Newmark, as the exclusive advisor to the Seller, is pleased to present the opportunity to acquire a fee simple interest in Carlsbad Pacific Center (“CPC or the “Property”), a prized coastal office campus located in

the Carlsbad submarket of San Diego County. A rare, west of I-5 investment opportunity, Carlsbad Pacific Center is currently 81.8% leased and is well positioned to quickly generate a sizable gain in NOI via the lease up of the existing vacancy and the continuous mark-to-market of in-place tenants.

CPC’s four largest tenants account for 42% of the NRA and have a WALT of 4.77 years

Ability to accelerate achievable rents by implementing exterior common area improvement plan

Amenity rich location including walkable access to restaurants and a short 1/2 mile drive to Carlsbad Premium Outlets offering numerous retailers and dining options

Anticipated pricing significantly below replacement cost, estimated at $581 PSF

Associate Broker

Address	701, 703, 705 Palomar Airport Road, Carlsbad, CA 92011
Rentable Square Feet	130,019 SF
% Leased	81.8%
# Buildings / # of Stories	3 Buildings / 3 Stories
WALT	3.57 YRS
In Place NOI	$2,648,340
Site Area	6.48 Acres
Year Built / Renovated	1986/1989/2002
Parking	3.8/1,000 SF