UBS Realty Acquires Industrial Property In Pomona For $32M
SOLD
$32,000,000
California
See Similar DealsIndustrial49,800 SF
Sold 01/17/2019
SOLD
UBS Realty Acquires Industrial Property In Pomona For $32M
1400 East Phillips Boulevard, Pomona, CA 91766, USA
See Similar DealsIndustrial49,800 SF
Sold 01/17/2019
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$642
Total Square Footage:49,800 SF
Transaction Type:Sale
The industrial property located at 1400 E. Phillips Boulevard in Pomona has been sold in a closed transaction. The property spans approximately 49,800 square feet and is situated in the Pomona market. The sale took place on 01/17/2019, with an agreed-upon price of $32,000,000, resulting in a price per square foot of $642.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $32,000,000
- Square Footage: 49,800
- Price per Square Foot: $642
- Address: 1400 E. Phillips Boulevard, Pomona
- Market: Pomona
The buyer in this transaction is UBS Realty, and the seller is Overton Moore Properties. The sale was facilitated by the broker, Jason Chao, from CBRE.
Players
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,706,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$113,689.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$151,696.33
Annual Debt Service$1,820,355.91
Is there something missing? Send suggestions