Josh Westerberg & JJ McMahon Of Mesa West Capital Provide $26.9M Acquisition Loan For Lift Partners
FINANCED
$26,900,000
California
See Similar DealsIndustrial117,500 SF
Financed 12/26/2025
FINANCED
Josh Westerberg & JJ McMahon Of Mesa West Capital Provide $26.9M Acquisition Loan For Lift Partners
100 Utah Avenue
See Similar DealsIndustrial117,500 SF
Financed 12/26/2025
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$228
Total Square Footage:117,500 SF
Transaction Type:Loan
The asset involved in this transaction is an industrial property located at 100 Utah Avenue in South San Francisco. The property encompasses 117,500 square feet and is part of the industrial sector. The acquisition was financed through a loan amounting to $26,900,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $26,900,000
- Lender: Josh Westerberg & JJ McMahon - Mesa West Capital
- Landlord: Lift Partners
- Loan Type: Acquisition
Key individuals in this transaction include Josh Westerberg and JJ McMahon representing Mesa West Capital as the lenders. They facilitated the acquisition financing for the landlord, Lift Partners, in this industrial real estate deal.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$26,900,000.00
Monthly NOI$179,333.33
Monthly Debt Service$170,026.30
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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