Updated Sep 11, 2026
Societe Generale Provides $80M Acquisition Loan For 596,000 SF Industrial Property In Riverside
14063 Brown St
$80,000,000
$134/SF
Building Size
596,000 SF
Asset Type
Industrial
Closing
Apr 17, 2023
About this deal
AI
The industrial property located at 14063 Brown St in Riverside has been involved in a recent closed transaction. The property spans across 596,000 square feet, making it a significant asset in the area. The transaction took place between the borrower, High Tech Logistics, and the lender, Societe Generale.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $80,000,000
- Loan Type: Acquisition Loan
- Loan Terms: 100% LTC Full Term IO
Represented by Marvin Jeremias and Meyer Ovadia from Crossmark Capital, the deal was facilitated successfully. The loan amount of $80,000,000 was provided by Societe Generale to support the acquisition. High Tech Logistics, the landlord, secured this loan to advance their industrial operations in Riverside.
On the Map
$80,000,000
$134/SF
Industrial
View full map
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
Loading comparables…
Deal FAQ
Visit Marvin Jeremias to view all their deals.
Browse California industrial loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.20%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93