Updated Mar 11, 2025
Regions Bank Provides $81.6M Construction Loan For Industrial Property In Beaumont
36900 W Fourth St, Beaumont, CA 92223
$81,600,000
$29/SF
Building Size
2,800,000 SF
Asset Type
Industrial
Closing
Jan 25, 2022
About this deal
AI
The industrial property located at 36900 W. Fourth St. in Beaumont has been involved in a closed transaction. The property spans a total of 2,800,000 square feet and sits on 58.7 acres. It is owned by USAA Real Estate and McDonald Property Group.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $81,600,000
- Loan Type: Construction Loan
- Loan Terms: 2-year, floating-rate, non-recourse
Regions Bank provided a $81,600,000 construction loan for the property. JLL Capital Markets served as the broker for the deal.
On the Map
$81,600,000
$29/SF
Industrial
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Players
Los Angeles 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
0.19%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93