Updated Oct 29, 2024
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.
San Diego 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
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93