Fully Leased Poway Industrial Building Sold to Private Investor
Overview
- 12675 Stowe Drive, Poway, CA 92064
- Single-Story Industrial Building
- ±19,628 SF
- 100% Leased to 1 Tenant
- Included in a Three-Building Portfolio Sale
For more information regarding this case study,
please contact:
Spencer Dok
Vice President
The Challenge
In a rising interest rate environment, single-tenant assets required buyers with confidence in the tenant’s credit and the long-term strength of the Poway industrial submarket. The added complexity of packaging this building into a three-property portfolio, spanning multiple jurisdictions and tenant profiles, required precise positioning to illustrate how the asset contributed to the overall income stability of the portfolio while still standing strong as an individual investment.
Our Approach
We targeted private investors and 1031 buyers seeking durable industrial cash flow, emphasizing the building’s long-term tenancy, functional design, and Poway’s proven fundamentals. We positioned the asset as a high-quality component within the broader portfolio, ensuring underwriting clarity and alignment with the other two buildings.
The Outcome
We secured a qualified investor whose profile matched the long-term stability of the asset and the broader portfolio strategy. The building closed concurrently with the El Cajon and Menifee properties, contributing to the successful execution of the portfolio sale.