Wilbur Smith III Of Greenlaw Partners Secures $52.2 Million Loan For Industrial Asset In Anaheim
1771 South Lewis Street
$52,200,000
Building Size
—
Asset Type
Industrial
Closing
Mar 6, 2026
AI
The transaction involves two industrial buildings located at 1701-1771 South Lewis Street in Anaheim, which are Class B industrial assets. The buildings were renovated in 2024, with one fully leased and the other positioned for lease-up, featuring planned power and office upgrades to support advanced manufacturing and distribution use.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $52,200,000
- Lender: Paul Hachigian, Jacob Yi & Eddie Prosser - Thorofare Capital
- Co-Lender: Tokyu Land U.S. Corporation
- Landlord: Wilbur Smith III - Greenlaw Partners
Thorofare Capital originated the senior mortgage loan for the industrial assets, highlighting the collaboration with Tokyu Land U.S. Corporation and the borrower, Greenlaw Partners, who is also the landlord involved in the transaction.
Players
Anaheim 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
0.30%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93