Updated Dec 21, 2023
Terreno Realty Corp Acquires Industrial Property In Rancho Dominguez For $18M
2310 East Gladwick Street, Compton, CA 90220, USA
$18,000,000
$272/SF
Building Size
66,000 SF
Asset Type
Industrial
Closing
Mar 16, 2020
About this deal
AI
Terreno Realty Corp has acquired an industrial property located at 2310 E. Gladwick St in Rancho Dominguez for a total price of $18,000,000. The property spans an area of 66,000 square feet, resulting in a price per square foot of $272. The transaction took place on March 17, 2020.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $18,000,000
- Address: 2310 E. Gladwick St
- Market: Rancho Dominguez
- Square Footage: 66,000
The buyer in this transaction was Terreno Realty Corp, represented by Blake Baird. Blake Baird acted as Terreno Realty Corp's representative throughout the deal.
Players
Compton 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
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93