Invesco Advisers Inc. Secures $99.2M Loan For 335K SF Industrial Property In Alameda
1410 Harbor Bay Parkway, Alameda, CA, USA
$99,235,000
$296/SF
Building Size
335,000 SF
Asset Type
Industrial
Closing
Jun 7, 2020
AI
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
Alameda 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
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93