Poway Industrial Building Sells for $12.7 MillionTuesday, June 3, 2014
Peckham Properties Inc. of San Diego and Dan McKinney Co. of Montclair have purchased a Poway industrial warehouse building for $12.7 million, according to CoStar Group and public data.
The seller is an affiliate of Walton Street Capital of Chicago. The 73,000-square-foot building, at 13450 Stowe Drive, is fully leased by Aldila Inc., a subsidiary of Mitsubishi Rayon Co. Ltd.
The seller was represented by Cushman & Wakefield Inc. brokers Michael Roberts, Brunson Howard, Mickey Morera, James Duncan and Jeff Chiate.
The property was built on 4.3 acres in 1991.