Dalfen Industrial Acquires Industrial Property In Anaheim For $65M
1400 S State College Blvd Anaheim, CA 92806, USA
$65,000,000
$355/SF
Building Size
182,800 SF
Asset Type
Industrial
Closing
Jun 16, 2023
AI
The industrial property located at 1400 South State College Boulevard in Anaheim has been sold in a closed transaction. The property spans across 182,800 square feet and is categorized as an industrial asset. The sale price for this transaction was $65,000,000, resulting in a price per square foot of $356.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $65,000,000
- Address: 1400 South State College Boulevard
- Market: Anaheim
The buyer of this property was Dalfen Industrial, represented by John Endres and Rich Weiss. They acquired the property from the seller, J.P. Morgan. The brokers involved in this transaction were Joe Cesta and Darla Longo from CBRE.
Players
Los Angeles Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93