Realterm Logistics Acquires Industrial Properties In San Bernardino, Pomona & Fontana For $116M
2765 Lexington Way, San Bernardino, California 92407, United States
$116,000,000
Building Size
—
Asset Type
Industrial
Closing
Nov 1, 2022
AI
The industrial property located at 2765 Lexington Way, 1408 East Franklin Avenue, and 13819 Slover Avenue in San Bernardino, Pomona, and Fontana, CA has been sold for a total of $116,000,000. The property spans across 31.8 acres and is owned by Realterm Logistics, with Derek Fish representing them in the transaction.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $116,000,000
- Address: 2765 Lexington Way, 1408 East Franklin Avenue, 13819 Slover Avenue
- Market: San Bernardino, Pomona & Fontana, CA
- ACRES: 31.8
Derek Fish, from Realterm Logistics, played a significant role as the buyer's representative in this industrial property sale.
Players
San Bernardino 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
0.14%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93