BGO Secures $58.3M Loan From TPG Capital For Interchange Logistics Center In Fairfield
5195 Fermi Road
$58,300,000
$96/SF
Building Size
607,208 SF
Asset Type
Industrial
Closing
Jan 28, 2026
AI
The asset involved in this transaction is the Interchange Logistics Center, an industrial property located at 5195 Fermi Road in Fairfield, California. The property encompasses 607,208 square feet and is situated on 28 acres. The loan amount secured for this fully leased Class A industrial property is $58.3 million, reflecting its market value and operational capability.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $58,300,000
- Address: 5195 Fermi Road
- Market: Fairfield
- Asset Size: 607,208 SF
- Acres: 28
- Lender: TPG Capital & Angelo Gordon
- Landlord: Sonny Kalsi & John Carrafiell - BGO
The deal was facilitated by BGO, which acquired the asset in 2021 for $73.5 million from Link Logistics. The property is occupied by TricorBraun and underwent renovations in 2024, strategically located near key Bay Area transportation corridors.
Players
Fairfield 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
0.27%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93