facebook

traded

+ Submit
Home

/

Deals

/

California

/

Industrial

/

Lease

/

7820 Paseo De La Fuente

Good Farms Signs 80,031 SF Lease At 7820 Paseo De La Fuente In San Diego
LEASEDIndustrial

Good Farms Signs 80,031 SF Lease At 7820 Paseo De La Fuente In San Diego

7820 Paseo De La Fuente

Building Size

80,031 SF

Asset Type

Industrial

Closing

Apr 4, 2025

AI

The asset involved in this transaction is an industrial property located at 7820 Paseo De La Fuente in the San Diego market. The property encompasses a total square footage of 80,031 and features 36-foot clear heights along with ample trailer parking.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 7820 Paseo De La Fuente
  • Market: San Diego
  • Landlord: Jeff Dritley - Kearny Real Estate Company; Ted Pick - Morgan Stanley
  • Tenant: Good Farms
  • Landlord's REP: JLL
  • Tenant's REP: Chris Holder, Mark Lewkowitz & Will Holder - Colliers

Good Farms entered into a lease for the industrial property, with the transaction being facilitated by brokers from Colliers, specifically Chris Holder, Mark Lewkowitz, and Will Holder. JLL represented the landlords Kearny Real Estate Company and Morgan Stanley in this transaction.

Players

Mark Lewkowitz

Colliers

Broker

$35.2M

vol

6 deals

Broker

Ted Pick

Morgan Stanley

Landlord

$1.6B

vol

13 deals

Landlord

San Diego Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

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