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Sunday, Jul 14, 2024
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Commercial Bakery Planned after $3.41M Poway Industrial Property Purchase

San Diego-based Escobar Family Real Estate Holdings LLC has acquired a Poway industrial property for $3.41 million, with plans to relocate an existing commercial baking facility to the site, according to brokers who handled the deal.

The 17,656-square-foot building is at 13615 Stowe Drive and was vacant at the time of sale. The seller was Josam Properties LLC of Los Angeles.

The buyer was represented by Travis Jaedtke and Zach Schwaner of Strategic Real Estate Group Inc. The seller was represented by Paul Lafrenz of Colliers International Group Inc. and Bill Dolan of CBRE Group Inc.

Brokers said the property, built on 1.1 acres in 1998, has a recently upgraded glass lobby, bonus mezzanine space and “flex” office elements. The buyer will be occupying the full building.

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