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Westcore Picks Up Poway Asset

POWAY, CA-A Westcore joint venture partnership acquires the Poway Plaza shopping complex in a deal valued at $8.4 million.

By Erin Cassin | Updated on January 19, 2004

POWAY, CA-A joint venture partnership involving an entity of San Diego-based Westcore Properties LLC has snapped up the Poway Plaza shopping complex for $8.4 million.

Westcore Poway Plaza LLC and New York-based Longwing Real Estate Ventures LLC have purchased the Poway Plaza shopping complex from Spa Holdings LLC of Orange County. Comprised of five facilities, Poway Plaza encompasses a total of 74,060 sf. It is located at 12622-12666 Poway Rd. and tenants include anchor Rite-Aid, as well as Subway, Primo Day Spa, Hallmark and Nutri-Mart. In addition, 12,000 sf of space was leased up during escrow to K-5 Boardshop and Water for Life.

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