Updated Oct 28, 2024
Ottogi America Acquires 106K SF Ontario Industrial Property For $56M
1933 E Locust St, Ontario, California 91761, United States
$56,000,000
$527/SF
Building Size
106,072 SF
Asset Type
Industrial
Closing
Aug 14, 2022
About this deal
AI
The industrial property located at 1933 Locust Street in Ontario, CA, has been sold. Spanning across 7 acres, the property offers ample space for industrial operations.
Summary of transaction details:
- Property Type: Industrial
- Sale Price: $56,000,000
- Square Footage: 106,072
- Price per Square Foot: $528
- Market: Ontario, CA
- Date of Sale: 08/15/2022
The buyer of this property is Ottogi America, while the seller is The Winsford Corporation. Ottogi America has acquired this industrial asset as part of the transaction.
The industrial sale at 1933 E Locust St, Ontario, California 91761, United States in Ontario, California sold for $56M in 2022. The building is 106,072 square feet, implying about 527 per square foot on the published price. This page is the Ontario, California file for the 1933 E Locust St, Ontario, California 91761, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Ontario sit in the Market section below. Filter that Ontario industrial set by closing date to see what else sold near 1933 E Locust St, Ontario, California 91761, United States around 2022. Published consideration for 1933 E Locust St, Ontario, California 91761, United States is $56M, dated 2022. Cite this Ottogi America Acquires 106K SF Ontario Industrial Property For $56M sale when underwriting similar industrial product around Ontario, California.
Players
Ontario 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
0.28%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93