facebook
Traded Co logo
Submit
Daily limit: 0/10

MDH Partners Acquires Harvill Logistics Center In Perris For $112.3M

Property Image
SOLD
$112,300,000

California

See Similar Deals
Industrial333,570 SF
Sold 07/10/2023
the dealplayerscompscontact
Property Image
SOLD

MDH Partners Acquires Harvill Logistics Center In Perris For $112.3M

21500 Harvill Ave Perris, CA 92570, USA

See Similar Deals
Industrial333,570 SF
Sold 07/10/2023
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$336
Total Square Footage:333,570 SF
Transaction Type:Sale

The Harvill Logistics Center in Perris, California has been sold for $112.3 million. The industrial facility spans 333,570 square feet and is located at 21500 Harvill Road. Situated in the Perris market, the property covers approximately 16.9 acres. With modern amenities and convenient access to transportation routes, the Harvill Logistics Center is fully occupied by Cypress Medical Products.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $112,300,000
  • Address: 21500 Harvill Road
  • Market: Perris
  • Acres: 16.9
  • Buyer: MDH Partners - Houston Hawley & Georga Rowe
  • Seller: Blumenfeld Development Group & CH Realty
  • Square Footage: 333,570
  • Price per Square Foot: $337

MDH Partners, represented by Houston Hawley & Georga Rowe, purchased the Harvill Logistics Center. The acquisition of this fully occupied industrial facility offers MDH Partners a valuable asset with a prime location and modern amenities, enhancing their industrial real estate portfolio.

Players

MDH Partners
MDH Partners
BROKERAGE
MDH Partners
MDH Partners
BUYER
GR
MDH Partners
Georga Rowe
2 deals$112.3M volume
BUYER
BG
Blumenfeld Development Group
SELLER

Details

SOLD
IMAGE: Houston Hawley & Georga Rowe DATE: 07/10/2023 ADDRESS: 21500 Harvill Road MARKET: Perris ASSET TYPE: Industrial ~ ACRES: 16.9 BUYER: MDH Partners - Houston Hawley & Georga Rowe SELLER: Blumenfeld Development Group & CH Realty SALE PRICE: $112,300,000 SF: 333,570 ~ PPSF: $337 NOTE: MDH Partners has purchased the Harvill Logistics Center in Perris, California for $112.3 million. The 333,570-square-foot industrial facility is fully occupied by Cypress Medical Products and offers modern amenities and convenient access to transportation routes.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$5,989,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$398,978.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$532,359.29
Annual Debt Service$6,388,311.51