Updated Oct 28, 2024
Allianz Real Estate Provides $97.8M Acquisition Financing For Industrial Properties In Tempe, Goodyear, Jessup, Atlanta & Sterling
910 West Carver Road, Tempe, Arizona 85284, United States
$97,800,000
Building Size
—
Asset Type
Industrial
Closing
Aug 21, 2022
About this deal
AI
The industrial properties involved in this closed transaction are located at the following addresses: 910 West Carver Road and 215 North 143rd Avenue in Tempe, AZ; 7980 Tar Bay Dr in Goodyear, AZ; 3435 Jonesboro Rd SE in Jessup, MD; and 22480 Randolph Drive in Sterling, VA. These properties are part of the industrial asset type in their respective markets.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $97,800,000
- Loan Type: Acquisition financing
Allianz Real Estate served as the lender for this transaction. The loan amount for this acquisition financing was $97,800,000. RSE Capital Partners acted as the landlord for the properties. NorthMarq represented the parties involved as the brokers in this deal.
On the Map
$97,800,000
Industrial
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Players
Tempe Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93