Greenlaw Partners Acquires Industrial Property In Valencia For $41.5M
29011 Commerce Center Drive, Valencia, California 91355, United States
$41,500,000
$251/SF
Building Size
165,000 SF
Asset Type
Industrial
Closing
Apr 5, 2022
AI
The industrial property located at 29011 Commerce Center Drive in Valencia has been sold in a recent transaction. The property spans 165,000 square feet and is situated in the Valencia market. The sale price for this asset was $41,500,000, resulting in a price per square foot of $251. The transaction took place on April 6, 2022.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $41,500,000
- Address: 29011 Commerce Center Drive
- Market: Valencia
The buyer in this transaction was Greenlaw Partners represented by Wilbur Smith III. The seller was The Moulton Company. Wilbur Smith III served as the representative for Greenlaw Partners in this deal.
Stevenson Ranch 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
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93