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Lease · Industrial

Updated May 12, 2025

Trio Manufacturing Inc Leases Industrial Space At 17006 South Figueroa Street From The Cypress Land Company
LEASEDIndustrial

Trio Manufacturing Inc Leases Industrial Space At 17006 South Figueroa Street From The Cypress Land Company

Building Size

123,200 SF

Asset Type

Industrial

Closing

Mar 19, 2025

About this deal

AI

An industrial facility located at 17006 South Figueroa Street in Carson has been leased. The property spans 123,200 square feet and has an associated lease term of 126 months. The total transaction value is $20 million, and the landlord of the property is The Cypress Land Company.

Summary of transaction details:

The Cypress Land Company was represented by broker Courtney Bell, while Trio Manufacturing Inc was represented by brokers Matt Stringfellow, Max Farkas, and Zach Middleton, all from The Klabin Company, during this lease transaction.

Players

Matthew Stringfellow

CORFAC International

Broker

$50.9M

vol

15 deals

Broker
Bilt advertisement

Market 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

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