Updated Jun 8, 2026
FINANCEDIndustrial
Marc Schillinger & Keaton Yellin Of JLL Secure $5.5 Million Refinance Loan For Industrial Asset In Irvine
Technology Drive
$5,500,000
$131/SF
Building Size
42,000 SF
Asset Type
Industrial
Closing
Jun 2, 2026
About this deal
AI
The property asset involved in the transaction is located at 170 Technology Drive, Irvine, and consists of an industrial space totaling 42,000 square feet. The loan amount for this asset is $5,500,000, classified as a refinance type.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,500,000
- Address: 170 Technology Drive
- Market: Irvine
- Asset Size: 42,000 SF
- Loan Type: Refinance
- Broker Representatives: Marc Schillinger & Keaton Yellin - JLL
The transaction involved key individuals Marc Schillinger and Keaton Yellin, who represented the deal through JLL. Their representation was crucial in facilitating the refinance of the industrial asset in Irvine.
On the Map
$5,500,000
$131/SF
Industrial
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Players
Irvine 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
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93