SoarDist Displays & Apparel Signs 89-Month Lease For 30000 SF Industrial Space In Garden Grove
7089 Belgrave Avenue
Building Size
30,000 SF
Asset Type
Industrial
Closing
Dec 30, 2025
AI
SoarDist Displays & Apparel has signed a lease for an industrial space comprising 30,000 square feet located at 7089-7091 Belgrave Avenue in Garden Grove, California. The property belongs to LBA Logistics and Blackstone Real Estate Income Trust, with a lease term set at 89 months.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Lease Term: 89 months
- Address: 7089-7091 Belgrave Avenue
- Market: Garden Grove
- Landlord: LBA Logistics; Stephen A. Schwarzman & Jonathan Gray - Blackstone Real Estate Income Trust
- Tenant: Jacky Wang - SoarDist Displays & Apparel
- Brokers: Jarrett Huge & Hudson Hankins - Lee & Associates
The transaction features key players such as Stephen A. Schwarzman and Jonathan Gray representing the interests of Blackstone Real Estate Income Trust. The brokerage firm Lee & Associates was responsible for facilitating the deal with Jarrett Huge and Hudson Hankins representing the tenant, SoarDist Displays & Apparel.
Players
Garden Grove 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