Updated Sep 24, 2026
Sierra Ridge Capital Secures $25 Million Acquisition Loan For Industrial Portfolio In Riverside
12000 Magnolia Avenue
$25,000,000
Building Size
—
Asset Type
Industrial
Closing
Sep 21, 2026
About this deal
AI
The asset involved in this transaction is a 238,473-square-foot light industrial portfolio located at 12000 Magnolia Avenue, Riverside, CA. The acquisition loan amount is $25,000,000.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $25,000,000
- Lender: Pacific Properties Group
- Landlord: Sierra Ridge Capital
- Brokers: Jeff Sause, Danny Ryan & Jenny Barger - JLL
- Loan Type: Acquisition
The financing was arranged by JLL’s Debt Advisory team, led by Jeff Sause, specifically for Sierra Ridge Capital’s purchase of the industrial portfolio, showcasing the role of the brokerage in facilitating the acquisition.
On the Map
$25,000,000
Industrial
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Players
Riverside Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93