133,125-SQUARE-FOOT INDUSTRIAL BUILDING SELLS FOR $15 MILLION

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POWAY, CALIF. — DEI LLC has acquired a 133,125-square-foot industrial building and 2.9 acres of land at 1400 Stowe Dr. in Poway. Hunter Douglas Inc. sold the property for $15 million. Barry Hendler, Matty Sundberg and Todd Murphy of Grubb & Ellis|BRE Commercial represented the buyer; Russ Sande and John Brady of CresaPartners represented the seller in the transaction. Additionally, the entire building has been leased to Cycle Express LLC, dba National Powersport Auctions. In the $6.6 million lease transaction, Hendler and Sundberg represented the landlord; Hendler, Murphy, Glenn Arnold and Bryce Aberg of Grubb & Ellis|BRE Commercial represented the lessee.

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