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
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