Updated Dec 2, 2024
Rexford Industrial Realty Acquires Industrial Properties In Rancho Dominguez And Pomona For $99M
1601 W Mission Blvd, Pomona, CA, USA
$99,000,000
$122/SF
Building Size
808,300 SF
Asset Type
Industrial
Closing
Dec 11, 2019
About this deal
AI
Howard Schwimmer & Michael S. Frankel have closed a sale transaction in Rancho Dominguez and Pomona, involving an industrial property. The property is located at 1601 W. Mission Blvd and 2757 E. Del Amo Blvd. The total square footage is 808,300, and the price per square foot is $122. The transaction took place on 12/12/2019.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $99,000,000
- Buyer: Rexford Industrial Realty
Howard Schwimmer & Michael S. Frankel represented the buyer, Rexford Industrial Realty, in this transaction.
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
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93