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18825 Caminito Cantilena

Updated Oct 29, 2024

Sentre Acquires Industrial Asset In San Diego For $50M With JLL Capital Markets
SOLDIndustrial

Sentre Acquires Industrial Asset In San Diego For $50M With JLL Capital Markets

18825 Caminito Cantilena

$50,000,000

$353/SF

Building Size

141,518 SF

Asset Type

Industrial

Closing

Feb 17, 2021

About this deal

AI

Sentre, a real estate investment firm, recently acquired an industrial property located at 18825 Caminito Cantilena in San Diego. The property was sold for a total of $50,000,000. This transaction took place on February 17, 2021. The asset spans 141,518 square feet and has a price per square foot of $353.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $50,000,000
  • Address: 18825 Caminito Cantilena, San Diego
  • Market: San Diego
  • Buyer: Sentre
  • Brokers: JLL Capital Markets

Sentre, as the buyer in this transaction, made a strategic investment in the industrial asset located in San Diego. The deal was facilitated by JLL Capital Markets, a prominent brokerage firm. Steve Williams, Mike Peckham, Matt Spathas, and Doug Arthur were key individuals involved in the transaction, representing the buyer and providing expert guidance throughout the process.

Players

S
SENTREBuyer

San Diego Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $353 per square foot on a published $50M for 141,518 square feet (2021).

Browse San Diego industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.32%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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