POWAY, CA—CT Realty has purchased the339,264-square-foot industrial building at 12367Crosthwaite Circle in Poway for$34,050,000. The property is the headquarters of COHU,Inc., a leading supplier of semiconductor test andinspection handlers, micro-electro mechanical system test modules,test contactors and thermal sub-systems used by globalsemiconductor manufacturers and test subcontractors.
Louay Alsadek, Brad Black, Hunter Rowe andAndrew Taylor of CBRE along withPat Collins represented the seller, COHU,Inc. CT Realty represented itself.
Built in 1992 on 20.87 acres in the Poway BusinessPark, 12367 Crosthwaite Circle features a 3.0:1,000SFparking ratio. CT Realty will demise the project into amulti-tenant building with COHU leasing back a portion of thebuilding for 10 years.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
