Lee & Associates – Williams Roth Group Sells 129,000 SF Industrial Building in Poway for $35M

Poway, CA – November 1, 2022 – Jake Rubendall, Rusty Williams, SIOR, Chris Roth, SIOR, and of Lee & Associates – NSDC have just sold 13100 Danielson Street in Poway for $35,100,000 in an off-market transaction.

The approximately 129,910 square foot industrial building is 25 percent office and features four loading docks, five additional exterior dock positions, 24-foot clear height and ample power. It sits on 7.22 acres with secured drive around access. It’s convenient I-15 freeway location accommodates distribution and advanced manufacturing capabilities. The single tenant industrial building currently houses Liberty Diversified International.

“Even with the rapidly changing debt and equity markets, there is still extremely high demand for well-located and functional industrial assets like 13100 Danielson St” says Jake Rubendall, Principal at Lee & Associates North San Diego County, “Poway is a historically tight submarket with a range of defense, distribution, and manufacturing tenants that are vital to the San Diego region.”

The Williams Roth Group of Lee & Associates North San Diego County represented the Buyer, a joint venture between LPC West and New York Life Investors, in this transaction.

Rusty Williams, SIOR

Chris Roth, SIOR

Jake Rubendall