50.5 F
San Diego
Wednesday, Nov 29, 2023

Poway Industrial Building Sold for $35M

A 129,000-square-foot Poway industrial building has been sold for $35 million.

LPC West in a joint venture with New York Life Investors bought the building on a 7.22-acre site at 13100 Danielson St.

The property has one tenant — Liberty Diversified International.

About 25% of the building is office space.

The building has four loading docks, five additional exterior dock positions and 24-foot clear height.

- Advertisement -

The deal was brokered by the Williams Roth Group of Lee & Associates North County.

“Even with the rapidly changing debt and equity markets, there is still extremely high demand for well-located and functional assets like 13100 Danielson St.,” said Jake Rubendall, Lee & Associates principal. “Poway is a historically tight submarket with a range of defense, distribution and manufacturing tenants that are vital to the San Diego region.”


Featured Articles

Taylor Guitars CEO Goes Electric

Southwest Antennas Finds Right Frequency

Colliers Las Vegas Lead Expands Role


Related Articles