John Baker Lands $8.73M Loan For Industrial Property Acquisition In Santa Fe Springs

The property involved in the transaction is an industrial asset located at 10410 Pioneer Boulevard in Santa Fe Springs, encompassing a total square footage of 29,649. The transaction secured a loan amount of $8,730,000 for acquisition purposes, which is part of an owner user purchase through the SBA 504 program. This facility also includes financed tenant improvements, contributing to a total project cost of $9,709,013.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $8,730,000
• Loan Type: Acquisition
• Loan Terms: Owner user purchase through SBA 504 program with financed tenant improvements
• Total Project Cost: $9,709,013
• Lender: Lee Kleinman - Business Finance Capital CDC
• Landlord: John Baker
• Date: 12/23/2025

Key individuals involved in this transaction include Lee Kleinman, who served as the lender for the loan secured through Business Finance Capital CDC. The landlord for the property is John Baker, facilitating the deal within the local market of Santa Fe Springs.