EverWest Real Estate Investors Acquires Industrial Property In Pomona, CA From Stos Partners For $45.9M
159 North San Antonio Avenue, Pomona, California 91767, United States
$45,900,000
$251/SF
Building Size
182,275 SF
Asset Type
Industrial
Closing
Sep 11, 2022
AI
An industrial property located at 159 N San Antonio Avenue in Pomona, CA has been sold for a price of $45,900,000. The transaction took place on September 12, 2022, and the property spans across 182,275 square feet with a price per square foot of $252.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $45,900,000
The buyer of this property is EverWest Real Estate Investors, while the seller is Stos Partners. Cushman & Wakefield represented both parties in the deal. The brokers involved in this transaction are Jeffrey Cole, Jeffrey Chiate, Bryce Aberg, Brad Brandenburg, Mike Adey, and Zachary Harman from Cushman & Wakefield.
Players
Pomona 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
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93