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1771 South Lewis Street

Wilbur Smith III Of Greenlaw Partners Secures $52.2 Million Loan For Industrial Asset In Anaheim
FINANCEDIndustrial

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:

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

Paul Hachigian

Thorofare Capital

Broker

$52.2M

vol

1 deal

Broker
Eddie Prosser

Eddie Prosser

Thorofare Capital

Lender

$100.2M

vol

3 deals

Lender
Tokyu Land U.S. Corporation
Tokyu Land U.S. CorporationLender
Wilbur Smith III

Wilbur Smith III

Greenlaw Partners

Landlord

$183.2M

vol

7 deals

Landlord

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