Grubb & Ellis/BRE Commercial facilitated a long-term lease agreement for sports equipment company K2 Inc. to occupy a mixed-use building in Carlsbad, Calif.
The value of the transaction was $13 million.
K2 Inc. will occupy the 76,693-square-foot office/R&D building, located at 5818 El Camino Real, for 132 months. The property will serve as the company’s new corporate headquarters.
H.G. Fenton Co. is the property landlord.
K2 Inc. is a premier, branded consumer products company whose products are used primarily for team and individual sports activities such as baseball, softball, fishing, paintball, watersports activities, alpine skiing, snowboarding, snowshoeing, in-line skating and mountain biking.
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