CJ Stos & Jason Richards Of Stos Partners Sell 12575 Stowe Drive For $6.5M In Poway

The property asset involved in this transaction is located at 12575 Stowe Drive, Poway, California. It is an industrial property comprising 18,000 square feet and was sold for a transaction amount of $6,500,000, reflecting a price per square foot of $361.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $6,500,000
• Square Footage: 18,000 SF
• Address: 12575 Stowe Drive
• Market: Poway
• Seller: CJ Stos & Jason Richards - Stos Partners
• Buyer's Representative: Josh West - Voit Real Estate Services
• Seller's Representative: Tim Clepper - San Diego Commercial

This transaction highlights the strategic positioning of Stos Partners, who successfully sold the property after a repositioning effort that aligned with their aim to add value in supply-constrained markets. The sale was completed ahead of schedule, leading to a strong return on their 2020 acquisition.