Updated Feb 4, 2025
RRA Capital Provides $5,835,000 Loan For Industrial Asset At 2335 W. 208th St. Torrance
2335 W. 208th St.
$5,835,000
$300/SF
Building Size
19,451 SF
Asset Type
Industrial
Closing
Feb 26, 2021
About this deal
AI
The asset involved in this transaction is an industrial property located at 2335 W. 208th St., Torrance, with a loan amount of $5,835,000.00.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,835,000.00
- Date: 02/26/2021
- Lender: RRA Capital
- Brokers: Mark Brandenburg - JLL
Mark Brandenburg of JLL represented the deal, facilitating the loan secured for the industrial asset by RRA Capital.
The industrial loan at 2335 W. 208th St. in Torrance, California financed for $5.8M in 2021. The building is 19,451 square feet, implying about 300 per square foot on the published price. Mark Brandenburg, JLL appear on the loan alongside JLL. This page is the Torrance, California file for the 2335 W. 208th St. industrial financed: pricing, party profiles, and other closed industrial comps from the same Torrance sit in the Market section below. Filter that Torrance industrial set by closing date to see what else financed near 2335 W. 208th St. around 2021. Published consideration for 2335 W. 208th St. is $5.8M, dated 2021. Cite this RRA Capital Provides $5,835,000 Loan For Industrial Asset At 2335 W. 208th St. Torrance loan when underwriting similar industrial product around Torrance, California.
On the Map
$5,835,000
$300/SF
Industrial
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Players
Torrance 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
2.72%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93