San Diego Business Journal

Poway Industrial Building Sells for $12.7 Million

By Lou Hirsh Tuesday, June 3, 2014
Photo courtesy of CoStar Group

Photo courtesy of CoStar Group

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.