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CBRE has brokered the sale of a mission-critical light industrial and manufacturing facility at 13100 Danielson St. in Poway, with Realty Income emerging as the buyer. The transaction was valued at $43.3 million for the single-tenant asset, which totals 133,844 square feet.
The property sits on 7.2 acres along the Interstate 15 corridor in Central San Diego and is described as a highly specialized, purpose-built industrial and manufacturing facility. It is fully leased to a well-established manufacturer focused on corrugated boxes and packaging solutions, underscoring the asset’s role in the tenant’s ongoing operations.
Building features include nine dock-high doors, 11 grade-level doors, a secure truck court and a dedicated loading area, supporting intensive industrial and logistics activity. The configuration is tailored to support manufacturing and distribution functions, reinforcing the property’s positioning as a mission-critical site for the tenant.
CBRE handled the sale process and represented the undisclosed seller. The brokerage team comprised Hunter Rowe, Brian Russell, Michael Longo and Matt Carlson, who marketed the asset and negotiated on behalf of the seller in the transaction with Realty Income.
Market context played a significant role in the offering. The Poway submarket was characterized by CBRE as one of Central San Diego’s tightest industrial pockets, with strong market fundamentals and consistent tenant demand. That backdrop, combined with the property’s specialized build-out and long-term manufacturing tenancy, contributed to the asset being framed as a rare opportunity to acquire a mission-critical industrial facility in the area.
The sale highlights continued investor appetite for well-located, single-tenant industrial assets in supply-constrained submarkets, particularly where existing improvements are customized to an in-place manufacturer’s needs. With Interstate 15 access and a stabilized occupancy profile, the Poway facility adds a specialized industrial component to Realty Income’s portfolio while maintaining operational continuity for the tenant.
The post Realty Income Acquires $43.3M Mission-Critical Industrial Facility in Poway appeared first on CRE Market Beat.
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