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210 West Arrow Highway

Arrow SD LLC Acquires Business Park In San Dimas From Birtcher Anderson Davis & Associates
SOLDIndustrial

Arrow SD LLC Acquires Business Park In San Dimas From Birtcher Anderson Davis & Associates

210 West Arrow Highway, 260 West Arrow Highway & 440 South Cataract Avenue

$9,230,000

$69/SF

Building Size

132,375 SF

Asset Type

Industrial

Closing

Jun 25, 2024

AI

The $9.23 million sale of Arrow Pines Business Park, a 44,125-square-foot industrial complex located at 210, 260 West Arrow Highway & 440 South Cataract Avenue in San Dimas, Calif., was recently facilitated by CBRE. The property was acquired by Arrow SD LLC in a transaction that highlights the strong demand for small bay multi-tenant industrial properties in Southern California.

Summary of transaction details:

The deal was led by CBRE Investment Properties and National Partners, showcasing the growing interest from investors looking to diversify their portfolios with industrial properties. Anthony DeLorenzo, Barbara Perrier, Dylan Rutigliano, Eric Cox, Gerard Poutier, and Mark Shaffer of CBRE played crucial roles in facilitating this transaction, which marks a significant investment in the San Dimas market.

Players

Anthony DeLorenzo

CBRE

Broker

$2B

vol

119 deals

Broker

San Dimas 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

1.72%

Cash-on-Cash

-0.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93