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3100 Hamner Avenue

CTK USA Signs Long-Term Lease For 250,369 SF Industrial Facility In Ontario With Crow Holdings
LEASEDIndustrial

CTK USA Signs Long-Term Lease For 250,369 SF Industrial Facility In Ontario With Crow Holdings

3100 Hamner Avenue

Building Size

250,369 SF

Asset Type

Industrial

Closing

May 22, 2025

AI

The property asset involved in the transaction is a 250,369 square foot industrial facility located at 3100 Hamner Avenue in Ontario, within the high-demand Inland Empire West market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Landlord: Ken Valach - Crow Holdings Development
  • Tenant: CTK USA
  • Lease Term: long-term
  • Brokers: David Kluth, Josef Farrar, Mai Hu, Mark Kegans & Ron Washle - Newmark

CTK USA signed a long-term lease to relocate from a smaller site, enhancing their U.S. fulfillment operations. Newmark represented CTK USA in securing the deal with landlord Crow Holdings Development, utilizing their full services for the transaction.

Players

David Kluth

Newmark

Broker

$70.7M

vol

7 deals

Broker

Ontario 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