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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.

On the Map

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$50,000,000

$353/SF

Industrial

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Players

S
SENTREBuyer
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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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