North Palisade Partners Acquires Industrial Property In Pomona For $43.5M
2000 Pomona Boulevard, Pomona, California 91768, United States
$43,500,000
$725/SF
Building Size
60,000 SF
Asset Type
Industrial
Closing
Mar 9, 2022
AI
The industrial property located at 2000 Pomona Boulevard in Pomona has been sold in a recent transaction. The property spans over 11 acres and is classified as an industrial asset.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $43,500,000
- Square Footage: 60,000
- Price per Square Foot: $725
- Address: 2000 Pomona Boulevard
- Market: Pomona
The buyer of the property is North Palisade Partners, represented by Joe Mishurda. The seller is Lock-Ridge Tool Company. The deal was facilitated by Jace Gan and Clyde F. Stauff from Colliers.
Players
Pomona 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
0.36%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93