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270 East Palais Road

CBRE Secures Lease For Little Buddy Toys At 95,178 SF Industrial Center In Anaheim
LEASEDIndustrial

CBRE Secures Lease For Little Buddy Toys At 95,178 SF Industrial Center In Anaheim

270 East Palais Road

Building Size

95,178 SF

Asset Type

Industrial

Closing

Jan 22, 2024

AI

The Bradmore Group, represented by CBRE brokers Bennie Seybold, Jeff Pion, and Sean Ward, leased a 95,178-square-foot distribution center in Anaheim to Little Buddy Toys. The Class A industrial building, located at 270 East Palais Road, is situated in the vibrant North Orange County market. It features modern design and strategic amenities, ensuring a seamless transition for the tenant.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not available
  • Market: Anaheim
  • Square Footage: 95,178
  • Address: 270 East Palais Road

Bradley Schneider from Lee & Associates represented Little Buddy Toys in the lease agreement.

Note: The lease was swiftly occupied upon completion, minimizing downtime for the landlord in a highly sought-after market.

Players

Jeffrey Pion

CBRE

Broker

$95.8M

vol

8 deals

Broker
TG
The Bradmore GroupLandlord

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