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17101 Heacock St, Moreno Va...

Crow Holdings Industrial Acquires Property From Westcore Properties In Moreno Valley For 277270 SF
SOLDIndustrial

Crow Holdings Industrial Acquires Property From Westcore Properties In Moreno Valley For 277270 SF

17101 Heacock St, Moreno Valley, CA...

Building Size

277,270 SF

Asset Type

Industrial

Closing

Nov 19, 2023

AI

The property asset involved is located at 17101 Heacock St in Moreno Valley, CA, within the Moreno Valley market. The total square footage of the property is 277,270 square feet.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: Not specified
  • Address: 17101 Heacock St, Moreno Valley, CA
  • Market: Moreno Valley
  • Seller: Westcore Properties
  • Buyer: Crow Holdings Industrial
  • Seller's Representatives: Katrin Gist, David Consani, Jim Koenig - CBRE

The deal involves Crow Holdings Industrial acquiring the property from Westcore Properties, with the transaction being facilitated by the representatives from CBRE, including Katrin Gist, David Consani, and Jim Koenig.

Players

David Consani

CBRE

Broker

$139.6M

vol

3 deals

Broker
WP
Westcore PropertiesSeller

Moreno Valley 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93