Invesco Advisers Inc. Secures $99.2M Loan For 335K SF Industrial Property In Alameda
FINANCED
California
See Similar DealsIndustrial335,000 SF
Financed 06/07/2020
FINANCED
Invesco Advisers Inc. Secures $99.2M Loan For 335K SF Industrial Property In Alameda
1410 Harbor Bay Parkway, Alameda, CA, USA
See Similar DealsIndustrial335,000 SF
Financed 06/07/2020
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$296
Total Square Footage:335,000 SF
Transaction Type:Loan
The industrial property located at 1410-1430 Harbor Bay Road & 1955-2115 North Loop Road in Alameda has been involved in a recent transaction. The property, with a total square footage of 335,000, was the subject of a loan.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $99,235,000
- Date: 06/07/2021
- Market: Alameda
- Landlord: Invesco Advisers Inc.
- Brokers: Ramsey Daya & Chris Moritz - Newmark
The loan amount for the property was $99,235,000. Ramsey Daya and Chris Moritz from Newmark represented the parties involved in the transaction.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$99,235,000.00
Monthly NOI$661,566.67
Monthly Debt Service$627,232.70
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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