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Library Plaza Sells for $6.47M

Investors Buy 33,900-SF Retail Center in Poway
By Stephanie Phongpitag
May 27, 2005 | 8:41 P.M.

Library Plaza Poway LLC, c/o Trong Pham, purchased the 33,928-square-foot retail strip center at 13132-13172 Poway Road in Poway. The property was purchased for $6.47 million, or about $191 per square foot. At the time of sale, the property reported a 7.2% cap rate. This was the buyer's upleg in a 1031 exchange.

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News | Library Plaza Sells for $6.47M