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Stos Partners Acquires Industrial Asset In Poway For $8.6M

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SOLD
$8,600,000

California

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Industrial37,500 SF
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SOLD

Stos Partners Acquires Industrial Asset In Poway For $8.6M

13955 Stowe Dr, Poway, CA, 92064

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Industrial37,500 SF
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Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$229
Total Square Footage:37,500 SF
Transaction Type:Sale

The corporate headquarters and manufacturing facility located at 13955 Stowe Drive in Poway, California, have been acquired by Stos Partners for $8.6 million. The property spans 37,500 square feet and was sold by a private seller. Stos Partners intends to undertake various capital upgrades, including interior office rehabilitation, roof repair, and HVAC system replacement. Following the purchase, the buyer quickly secured a tenant to occupy the entire office and manufacturing building.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $8,600,000.00
  • Market: Poway
  • Buyer: Stos Partners
  • Square Footage: 37,500
  • Buyer's Representative: James Duncanson (SquareFoot)
  • Seller: Private Seller

James Duncan and Mickey Morera of Kidder Matthews served as the representatives for Stos Partners in this transaction. C3Bank provided financing for the acquisition of the property.

Players

JD
2 deals$8.6M volume
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BROKERAGE

Details

SOLD
IMAGE: 13955 Stowe Dr, Poway, CA, 92064 MARKET: Poway ASSET TYPE: Industrial BUYER'S REP: James Duncanson(SquareFoot) BUYER: Stos Partners PRICE: $8,600,000.00 SF: 37500

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