Updated Oct 29, 2025
JP Morgan Provides $109.5M Acquisition Loan For Industrial Property In Apple Valley
18880 Navajo Road
$109,500,000
$81/SF
Building Size
1,340,000 SF
Asset Type
Industrial
Closing
Sep 14, 2023
About this deal
AI
An industrial property located at 18880 Navajo Road in Apple Valley has recently been involved in a transaction. The property spans approximately 1,340,000 square feet, making it a significant asset in the market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $109,500,000
- Address: 18880 Navajo Road, Apple Valley
- Market: Apple Valley
The lender for this transaction was JP Morgan, with Jamie Dimon representing the company. The loan amount was $109,500,000, and it was classified as an acquisition loan.
Blue Owl, represented by Marc Zahr as the landlord, was the counterparty in this deal. The landlord's representatives were Dustin Stolly and Jordan Roeschlaub from Newmark. On the lender's side, Christopher Kramer, also from Newmark, acted as their representative.
On the Map
$109,500,000
$81/SF
Industrial
View full map
Players
Navajo Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
Loading comparables…
Deal FAQ
Visit Dustin Stolly 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
0.14%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93