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1475 Cooley Court

Updated Dec 4, 2024

Jia Fei Acquires 2.8 Acres Industrial Property In San Bernardino For $11.1M
SOLDIndustrial

Jia Fei Acquires 2.8 Acres Industrial Property In San Bernardino For $11.1M

1475 Cooley Court

$11,100,000

$142/SF

Building Size

78,012 SF

Asset Type

Industrial

Closing

Oct 26, 2023

About this deal

AI

The industrial property located at 1475 Cooley Court in San Bernardino has been sold. The property spans across 2.8 acres and offers a total area of 78,012 square feet. The transaction took place on 10/26/2023 with a sale price of $11,100,000. This equates to a price per square foot of $142.

Summary of Transaction Details

  • Property Type: Industrial
  • Transaction Amount: $11,100,000
  • Address: 1475 Cooley Court, San Bernardino
  • Square Footage: 78,012
  • Price per Square Foot: $142

The buyer of the property was Jia Fei, and the seller was Boris Change. The lender involved in the transaction was Symetra, with Margaret A. Meister serving as the representative. These key individuals and companies played crucial roles in the successful completion of the deal.

Players

Symetra Life Insurance
Symetra Life InsuranceLender

San Bernardino Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $142 per square foot on a published $11.1M for 78,012 square feet (2023).

Browse San Bernardino industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.43%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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