Updated Aug 4, 2026
Gantry Arranges $9.65 Million Permanent Loan For Light Industrial Property In Santa Clara
2290 De La Cruz Boulevard
$9,650,000
$256/SF
Building Size
37,600 SF
Asset Type
Industrial
Closing
Jul 30, 2026
About this deal
AI
A permanent loan was arranged to refinance acquisition debt for a two-building industrial property located at 2290 De La Cruz Boulevard, Santa Clara, CA. The asset encompasses 37,600 square feet and is fully leased to a national auto collision repair business under a long-term lease.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $9,650,000
- Loan Type: Permanent
- Loan Terms: 10-year, fixed rate, non-recourse
- Market: Santa Clara, CA
- Brokers: Tony Kaufmann & Jake Davis - Gantry
The financing for this transaction was structured as a 10-year fixed-rate, non-recourse loan, providing a stable financial solution for the owner of the asset. Brokers Tony Kaufmann and Jake Davis from Gantry facilitated this arrangement, contributing their expertise to the refinancing process.
On the Map
$9,650,000
$256/SF
Industrial
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Players
Santa Clara 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
1.64%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93