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7089 Belgrave Avenue

SoarDist Displays & Apparel Signs 89-Month Lease For 30000 SF Industrial Space In Garden Grove
LEASEDIndustrial

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

Jarrett Huge

Lee & Associates

Broker

5 deals

Broker
Blackstone
BlackstoneLandlord

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