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Wednesday, Dec 7, 2022
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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.

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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.”

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