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2301 E Lambert Rd, La Habra...

Partners Capital Inc. Acquires Industrial Property In Orange County For $3.1M
SOLDIndustrial

Partners Capital Inc. Acquires Industrial Property In Orange County For $3.1M

2301 E Lambert Rd, La Habra, CA, USA

$3,100,000

$57/SF

Building Size

53,579 SF

Asset Type

Industrial

Closing

Nov 19, 2021

AI

Located at 2301 E. Lambert Rd. in Orange County, this industrial property has recently been sold in a transaction that took place on November 19, 2021. The property spans a total of 53,579 square feet, with a sale price of $3,100,000, resulting in a price per square foot (PPSF) of $58.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $3,100,000
  • Buyer: Partners Capital Inc. - Ryan Adjnasian & Mark Blumenthal
  • Seller: Ron Ferrell
  • Brokers: Joseph Harmon & Charles Johnson - DAUM

Ryan Adjnasian and Mark Blumenthal of Partners Capital Inc. were the buyers of this industrial property. The seller of the property was Ron Ferrell. The transaction was facilitated by DAUM brokers Joseph Harmon and Charles Johnson.

Players

Joseph Harmon

Daum Commercial Real Estate Services

Broker

$128.1M

vol

12 deals

Broker
Ryan Adjnasian

Ryan Adjnasian

Partners Capital Inc.

Buyer

$75.1M

vol

10 deals

Buyer

La Habra 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

5.12%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93