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1206 North Miller Street

Sonny Kalsi Of BentallGreenOak Leases 84,041 Square Feet To Mikel H. Williams In Anaheim
LEASEDIndustrial

Sonny Kalsi Of BentallGreenOak Leases 84,041 Square Feet To Mikel H. Williams In Anaheim

1206 North Miller Street

Building Size

84,041 SF

Asset Type

Industrial

Closing

Jul 7, 2026

AI

The property asset involved in this transaction is a newly built Class A industrial facility located at 1206 North Miller Street, Anaheim, CA. The total square footage of the asset is 84,041, which has been leased to Targus. The deal reflects a notable presence in the industrial market, particularly in Orange County.

Summary of transaction details:

The key players in this lease transaction include Sonny Kalsi representing BentallGreenOak as the landlord and Mikel H. Williams as the tenant from Targus. CBRE facilitated the deal, which highlights the ongoing demand for modern logistics and corporate headquarters space within the Anaheim area, reinforcing the industrial sector’s resilience amid a challenging market environment.

Players

CBRE
CBREBrokerage

Sonny Kalsi

BentallGreenOak

Landlord

$1.3B

vol

21 deals

Landlord
Mikel H. Williams

Mikel H. Williams

Targus

Tenant

1 deal

Tenant

Anaheim Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93