5051 Avenida Encinas, Carlsbad -- Photo courtesy of Marcus & Millichap

5051 Avenida Encinas, Carlsbad -- Photo courtesy of Marcus & Millichap

Arch Investments LLC has purchased a Carlsbad office building housing Grant General Contractors for $2.65 million, according to brokerage company Marcus & Millichap Inc.

The seller of the 8,585-square-foot building, at 5051 Avenida Encinas, was James Edward Grant Family Trust, represented by Marcus & Millichap’s Ben Tashakorian and Scott Hilmen.

The buyer was represented by the brokerage firm’s Stuart Fagan, Tashakorian and Hilmen, with the company’s Chad O’Connor securing financing.

Brokers said the contracting firm will be renting the building under a five-year lease agreement with the new owner.