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Deal of the Week - Sale

Aldila building in Poway sold

Cushman & Wakefield's Capital Markets Group -- led by Michael Roberts and Brunson Howard -- and Cushman & Wakefield’s Brokerage Services, led by Mickey Morera and James Duncan, represented the Deal of the Week buyer.

Bradley Bacon represented the sellers.

The deal involved selling the 73,000-square-foot Aldila building at 13450 Stowe Drive in Poway for $7.12 million, cash.

The buyer was Walton/Greenlaw Poway Holdings VI L.L.C., c/o Walton Street Capital L.L.C., of Chicago.

The sellers were Heather Cobb Hartsock, as trustee of The Heather Cobb Hartsock Trust, and William Troy Cobb, trustee of The Cobb Family Trust (29.34 percent); RTH Property Management LLC (56 percent); Heather Cobb Hartsock, trustee of The Heather Cobb Hartsock Trust (7.33 percent); and William Troy Cobb, trustee of The Cobb Family Trust (7.33 percent).

The industrial warehouse property was built in 1991 on a 4.3-acre parcel.

The single-story building has five exterior, drive-in loading docks.

The building was 100 percent leased at the time of sale by Aldila Inc., a manufacturer of carbon fiber prepreg, high-performance graphite golf shafts, carbon arrows and other composite materials.

Walton Street is a private equity real estate investment firm led by billionaire Neil Bluhm.

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