facebook

traded

+ Submit
Home

/

Deals

/

California

/

Industrial

/

Sale

/

12910 Mulberry Drive, Whitt...

TH Real Estate And Greenlaw Partners Acquire Industrial Property In Whittier For $21.3M
SOLDIndustrial

TH Real Estate And Greenlaw Partners Acquire Industrial Property In Whittier For $21.3M

12910 Mulberry Drive, Whittier, CA 90602, USA

$21,300,000

$139/SF

Building Size

153,080 SF

Asset Type

Industrial

Closing

Dec 17, 2018

AI

A industrial property located at 12910 Mulberry Dr. in Whittier has been sold. The property, measuring 153,080 square feet, was recently acquired for a price of $21,300,000, at a rate of $139 per square foot. The transaction took place on December 18, 2018.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $21,300,000
  • Square Footage: 153,080
  • Price per Square Foot: $139
  • Market: Whittier

The buyer of this industrial property was TH Real Estate and Greenlaw Partners. The seller in this transaction was Indio Products. The deal was facilitated by brokers Luke McDaniel and Zac Sakowski from JLL, as well as Tony Naples from Lee & Associates.

Players

Luke McDaniel

JLL

Broker

$78.1M

vol

3 deals

Broker
Greenlaw Partners
Greenlaw PartnersBuyer

Whittier Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.74%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93