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1901 Via Burton Street

Doosan Bobcat North America Signs Five-Year Lease At 1901 East Via Burton In Fullerton
LEASEDIndustrial

Doosan Bobcat North America Signs Five-Year Lease At 1901 East Via Burton In Fullerton

1901 Via Burton Street

Building Size

139,449 SF

Asset Type

Industrial

Closing

Apr 30, 2025

AI

The lease transaction involves a 139,449 square foot industrial distribution facility located at 1901 East Via Burton Street in Fullerton. The property has been leased for a significant duration, enhancing its utility for the tenant's operational needs in the region.

Summary of transaction details:

This deal highlights the collaboration between various industry professionals, including the landlord's representatives, Michael Hefner and Mike Vernick, who are part of Voit Real Estate Services, and the tenant's representative, Randy Ellison from Cushman & Wakefield, showcasing their roles in facilitating the transaction.

Players

Randy Ellison

Cushman & Wakefield

Broker

$85.8M

vol

3 deals

Broker
Howard Schwimmer

Howard Schwimmer

Rexford Industrial

Landlord

$3B

vol

30 deals

Landlord

Fullerton 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