Updated Jun 3, 2026
Center Capital Partners Secures $150 Million Loan From KeyBank For Industrial Outdoor Storage Expansion
320 West Stanley Avenue
$150,000,000
Building Size
—
Asset Type
Industrial
Closing
Jun 2, 2026
About this deal
AI
The asset involved in this transaction is an industrial property located at 320 West Stanley Avenue in Ventura, CA. The loan amount secured for the property is $150,000,000, facilitating the expansion of an industrial outdoor storage platform. The funding is allocated through Center Capital Partners' Terminal Logistics Fund II, which aims to support further acquisitions and growth within the sector.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $150,000,000
- Lender: KeyBank
- Landlord: Jeremy Cohen - Center Capital Partners
- Broker: Justin Horowitz - Cooper Horowitz
This transaction signifies the strategic movement of Center Capital Partners, represented by Jeremy Cohen, in securing vital financing to enhance its portfolio of industrial outdoor storage assets. Broker Justin Horowitz played a key role in facilitating this transaction with KeyBank, reflecting the increasing institutional demand for this sector.
On the Map
$150,000,000
Industrial
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Players
Wiest 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
0.11%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93