CapRock Partners Refinances Industrial Building In San Dimas With $32.9M Loan
300 East Arrow Highway
$32,900,000
$199/SF
Building Size
165,070 SF
Asset Type
Industrial
Closing
Oct 12, 2023
AI
A 165,070-square-foot industrial building in San Dimas, California has secured $32.9 million in financing through a loan arranged by JLL Capital Markets. The property is fully leased to Western Pacific Storage Solutions and serves as a key asset for CapRock Partners to support their operations in the facility.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $32,900,000
- Address: 300 East Arrow Highway, San Dimas
- Market: San Dimas
The loan was secured for CapRock Partners, with JLL acting as their broker representative (Greg Brown, Peter Thompson, Kyle White, and Allie Black). This non-recourse refinance loan will provide financial support to CapRock Partners, further strengthening their operations in the industrial building.
Players
San Dimas 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
0.48%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93