{"id":1004609624,"date":"2022-11-02T05:20:37","date_gmt":"2022-11-02T13:20:37","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004609624"},"modified":"2022-12-08T23:20:20","modified_gmt":"2022-12-09T07:20:20","slug":"lpc-west-expands-san-diego-industrial-footprint","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/","title":{"rendered":"LPC West Expands San Diego Industrial Footprint"},"content":{"rendered":"<div id=\"attachment_1004609648\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/san-diego1-e1667303973538.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004609648\" data-attachment-id=\"1004609648\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/san-diego1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/san-diego1-e1667303973538.jpg\" data-orig-size=\"1000,750\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;\\u00a9 Yardi Systems, Inc.&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"san diego1\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/san-diego1-e1667303973538.jpg?w=1000\" class=\"wp-image-1004609648 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/san-diego1-e1667303973538.jpg?w=300\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/san-diego1-e1667303973538.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/san-diego1-e1667303973538.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/san-diego1-e1667303973538.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004609648\" class=\"wp-caption-text\">13100 Danielson St.<\/p><\/div>\n<p><strong>Lincoln Property Co.<\/strong>\u2019s <strong>LPC West<\/strong>, together with <strong>New York Life Investors<\/strong>, has acquired a 135,000-square-foot industrial asset in Poway, Calif. According to CommercialEdge data, <strong>Liberty Diversified International<\/strong>\u00a0sold the property for $35.1 million.\u00a0The off-market transaction, marking the joint venture&#8217;s second purchase, was completed with the assistance of <strong>Lee &amp; Associates<\/strong>.<\/p>\n<p>The acquisition brought LPC West\u2019s San Diego portfolio to more than 2 million square feet of owned and managed commercial assets. Furthermore, some 1 million square feet are in the firm&#8217;s development pipeline.<\/p>\n<p>Built in 1998 on a 7.2-acre lot, the one-story building features exterior concrete, a 28-foot clear height, four loading docks, five exterior dock positions and 16 parking spots.<\/p>\n<p>Located at 13100 Danielson St., the warehouse is 20 miles from downtown San Diego and 22 miles from San Diego International Airport. Interstate 15 is 4 miles west, providing access to Los Angeles, Orange and Riverside counties.<\/p>\n<p>Lee &amp; Associates Principals Rusty Williams, Chris Roth and Jake Rubendall worked on behalf of the buyer, LPC West Executive Vice President Scott Moffatt said in prepared remarks.<\/p>\n<p>CommercialEdge data shows more than 5.2 million square feet of industrial space have changed hands in San Diego since the beginning of the year. In one of these transactions, <a href=\"https:\/\/www.commercialsearch.com\/news\/hines-buys-2-san-diego-area-industrial-facilities-for-77m\/\">Hines purchased a 229,680-square-foot industrial campus<\/a> in San Diego on behalf of the Hines U.S. Property Partners Fund. The investment vehicle is slated to acquire two other buildings at the same technology park.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The deal marks the firm&#8217;s second acquisition in partnership with New York Life Investors.<\/p>\n","protected":false},"author":2991,"featured_media":1004609648,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,21783,21742,1608,15],"tags":[32762,32838,34331,33542],"class_list":["post-1004609624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-investment","category-latest","category-san-diego","category-west","tag-lee-associates","tag-lincoln-property-company","tag-lpc-west","tag-new-york-life-real-estate-investors"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LPC West Expands San Diego Industrial Footprint - CPE<\/title>\n<meta name=\"description\" content=\"Lincoln Property Co.\u2019s LPC West and New York Life Investors purchased a 135,000-square-foot industrial asset in Poway, Calif.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LPC West Expands San Diego Industrial Footprint\" \/>\n<meta property=\"og:description\" content=\"Lincoln Property Co.\u2019s LPC West and New York Life Investors purchased a 135,000-square-foot industrial asset in Poway, Calif.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-02T13:20:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T07:20:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/san-diego1-e1667303973538.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Simona Tudose\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/\",\"name\":\"LPC West Expands San Diego Industrial Footprint - CPE\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/san-diego1-e1667303973538.jpg\",\"datePublished\":\"2022-11-02T13:20:37+00:00\",\"dateModified\":\"2022-12-09T07:20:20+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4\"},\"description\":\"Lincoln Property Co.\u2019s LPC West and New York Life Investors purchased a 135,000-square-foot industrial asset in Poway, Calif.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/san-diego1-e1667303973538.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/san-diego1-e1667303973538.jpg\",\"width\":1000,\"height\":750},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"LPC West Expands San Diego Industrial Footprint\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4\",\"name\":\"Simona Tudose\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79\",\"caption\":\"Simona Tudose\"},\"description\":\"Simona Tudose is an Associate Editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in July 2022 and writes news about industrial, office and manufactured housing sectors. You can reach out to her at simona.tudose@cpe-mhn.com.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/simona-tudose\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"LPC West Expands San Diego Industrial Footprint - CPE","description":"Lincoln Property Co.\u2019s LPC West and New York Life Investors purchased a 135,000-square-foot industrial asset in Poway, Calif.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/","og_locale":"en_US","og_type":"article","og_title":"LPC West Expands San Diego Industrial Footprint","og_description":"Lincoln Property Co.\u2019s LPC West and New York Life Investors purchased a 135,000-square-foot industrial asset in Poway, Calif.","og_url":"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2022-11-02T13:20:37+00:00","article_modified_time":"2022-12-09T07:20:20+00:00","og_image":[{"width":1000,"height":750,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/san-diego1-e1667303973538.jpg","type":"image\/jpeg"}],"author":"Simona Tudose","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/","url":"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/","name":"LPC West Expands San Diego Industrial Footprint - CPE","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/san-diego1-e1667303973538.jpg","datePublished":"2022-11-02T13:20:37+00:00","dateModified":"2022-12-09T07:20:20+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4"},"description":"Lincoln Property Co.\u2019s LPC West and New York Life Investors purchased a 135,000-square-foot industrial asset in Poway, Calif.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/san-diego1-e1667303973538.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/san-diego1-e1667303973538.jpg","width":1000,"height":750},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/lpc-west-expands-san-diego-industrial-footprint\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"LPC West Expands San Diego Industrial Footprint"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4","name":"Simona Tudose","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79","caption":"Simona Tudose"},"description":"Simona Tudose is an Associate Editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in July 2022 and writes news about industrial, office and manufactured housing sectors. You can reach out to her at simona.tudose@cpe-mhn.com.","url":"https:\/\/www.commercialsearch.com\/news\/author\/simona-tudose\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/san-diego1-e1667303973538.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004609624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/2991"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004609624"}],"version-history":[{"count":10,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004609624\/revisions"}],"predecessor-version":[{"id":1004609932,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004609624\/revisions\/1004609932"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004609648"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004609624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004609624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004609624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}