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9350 Airway Road

Brokerage & Logistics Solutions Inc Leases 119044 Square Feet Industrial Space At 9350 Airway Road
LEASEDIndustrial

Brokerage & Logistics Solutions Inc Leases 119044 Square Feet Industrial Space At 9350 Airway Road

9350 Airway Road

Building Size

119,044 SF

Asset Type

Industrial

Closing

Mar 10, 2025

AI

The asset involved in this lease transaction is an industrial property located at 9350 Airway Road in San Diego. The total square footage of the property is 119,044.0, and the lease date is set for 03/10/2025.

Summary of transaction details:

This transaction involves the representation of the tenant by Jeff Saywitz and Michael Mossmer from Voit Real Estate Services. The landlord is represented by Mark Lewkowitz, Chris Holder, and Will Holder from Colliers, facilitating the lease agreement between Brokerage & Logistics Solutions, Inc and Badiee Development.

Players

Mark Lewkowitz

Colliers

Broker

$35.2M

vol

6 deals

Broker

San Diego 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