Pacific Coast Commercial announced today that Skyhook Stair & Rails, has acquired a freestanding 10,080 square-foot building in Poway (San Diego), California. The property at 13861 Danielson St. sold for $2,106,720 and will be the new headquarters for Skyhook.
“The property provided a unique opportunity for the Buyer to acquire a modern industrial building in the highly sought after Scripps Poway submarket. The submarket has one of the lowest vacancy rates throughout San Diego county at just over 1%. With the construction of the 530,850 square foot speculative distribution development project nearby, we expect the submarket to continue its strong growth”, said Ken Robak, Vice President of Brokerage at Pacific Coast Commercial.
The property features included a 36 panel solar system, 22’ clear height, 1 dock and 1 grade level door, along with 800 amps of 277/480 volt electrical service.
Ken Robak and Nick Mane of Pacific Coast Commercial represented Skyhook and the Seller was represented by Tim Gosselin of Lee & Associates. Rick Arredondo of Chase Bank facilitated the conventional owner-user financing.
Skyhook is an Award winning contractor specializing in hand railings for stairs and guard railings for balconies. Skyhook provides an installed service including design, fabrication and installation. The product line include Wood, Steel, Glass, Ornamental Iron, Cable and Aluminum components to provide interior and exterior railings for homeowners and General Contractors.
Property Type: Industrial Building located in Scripps Poway Business Park
Square Footage: 10,080 SF
Sale Price: $2,106,720
Close of Escrow Date: 12/03/2019
Seller Name: Executive Desk Co.
Buyer Name: Broncos, LLC DBA Skyhook Stair and Rails
Escrow Company: Fidelity National Title Company
Title Company: Fidelity National Title Company
Financing: Rick Arrendo - Chase
Contact Robak Advisory Group (619) 469-3600
Ken Robak | Lic. 01236527
Vice President of Brokerage
Nick Mane | Lic. 01939391
Broker Associate - Sales & Leasing
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