Bixby's $12M SoCal purchase

Tech tenant uses space as headquarters

Bixby Land Co., a private real estate investment trust, recently announced it purchased a 72,600-square-foot industrial building in Poway, Calif.

The value of the transaction was $12.3 million

The property, sold by an unidentified entity, is located at 13500 Danielson St. on more than six acres of land in the Poway Business Park.

Hallmark Circuits Inc., a print circuit board supplier, currently occupies the facility on a long-term, triple net lease, and uses the facility as its corporate headquarters, warehouse and manufacturing plant.