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159 N San Antonio Ave

EverWest Real Estate Investors Acquires Industrial Property In Pomona, CA For $45.9M
SOLDIndustrial

EverWest Real Estate Investors Acquires Industrial Property In Pomona, CA For $45.9M

159 N San Antonio Ave

$45,900,000

$251/SF

Building Size

182,275 SF

Asset Type

Industrial

Closing

Sep 12, 2022

AI

Located at 159 N San Antonio Avenue in Pomona, CA, this industrial property was recently sold in a closed transaction. The property spans approximately 182,275 square feet, and the sale price was recorded at $45,900,000, resulting in a price per square foot of $252.

Summary of transation details

The sale of this property was facilitated by the brokerage team at Cushman & Wakefield, represented by brokers Jeffrey Cole, Jeffrey Chiate, Bryce Aberg, Brad Brandenburg, Mike Adey, and Zachary Harman. Their expertise in the industrial real estate market helped successfully close this transaction between the buyer, EverWest Real Estate Investors, and the seller, Stos Partners.

Players

Bryce Aberg

Cushman & Wakefield

Broker

$1.1B

vol

20 deals

Broker
Stos Partners
Stos Partners Brokerage
EverWest Real Estate Investors
EverWest Real Estate InvestorsBuyer
Stos Partners
Stos Partners Seller

Pomona 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

0.35%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93