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680 S Allen St San Bernardi...

Black Rock Logistics Signs Lease For Industrial Space In San Bernardino With Landlord Dedeaux Properties And Broker Representatives Stream Realty Partners
LEASEDIndustrial

Black Rock Logistics Signs Lease For Industrial Space In San Bernardino With Landlord Dedeaux Properties And Broker Representatives Stream Realty Partners

680 S Allen St San Bernardino, CA 92408, USA

Building Size

358,499 SF

Asset Type

Industrial

Closing

Aug 1, 2023

AI

The industrial property located at 680 South Allen Street in San Bernardino has been leased. The property, measuring approximately 358,499 square feet, is owned by Dedeaux Properties. The tenant for this lease agreement is Black Rock Logistics. The lease deal was facilitated by brokers Ian Armbruster, Brad Yates, Trevor Wright, and Stefan Pastor of Stream Realty Partners.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not available
  • Address: 680 South Allen Street
  • Market: San Bernardino

The lease agreement for 680 South Allen Street was handled by Stream Realty Partners' representatives, namely Ian Armbruster, Brad Yates, Trevor Wright, and Stefan Pastor. The property is owned by Dedeaux Properties and has been leased to Black Rock Logistics.

Players

Brad Yates

Stream Realty Partners⁠

Broker

$232M

vol

7 deals

Broker
DP
Dedeaux PropertiesLandlord

San Bernardino 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