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.

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.

This is the fifth property Bixby has purchased in San Diego County in the past 15 months, bringing its acquisitions total in the county to nearly 419,000 square feet.

***

What’s your opinion? Leave your comments below or send a letter to the editor.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription