Altemus Company Acquires Industrial Property In Poway, CA For $13.9M

The industrial property located at 13955 Stowe Dr in Poway, CA has been sold in a closed transaction. The property spans 37,530 square feet and was sold for a total price of $13,900,000. This translates to a price per square foot of $370. The sale of this industrial asset was facilitated by the buyer, Altemus Company, and the seller, Stos Partners.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $13,900,000
• Square Footage: 37,530
• Price per Square Foot: $370
• Address: 13955 Stowe Dr, Poway, CA
• Market: Poway, CA

The buyer was represented by Rusty Williams and Chris Roth from Lee & Associates, while the seller was represented by James Duncan and Mickey Morera from Kidder Mathews. These professionals played crucial roles in successfully facilitating the transaction and ensuring the interests of their respective clients were met.