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300 North Baldwin Park Boul...

BentallGreenOak Acquires 230K SF Industrial Asset In City Of Industry For $61M
SOLDIndustrial

BentallGreenOak Acquires 230K SF Industrial Asset In City Of Industry For $61M

300 North Baldwin Park Boulevard, City of Industry, CA 91746, USA

$61,000,000

$264/SF

Building Size

230,250 SF

Asset Type

Industrial

Closing

Jan 28, 2020

AI

The industrial property located at 300 N. Baldwin Park Blvd in the City of Industry has been sold for a price of $61,000,000. Spanning across an area of 230,250 square feet, the property was acquired by BentallGreenOak, with Gary Whitelaw representing the buyer. The seller, The Jacmar Companies, was represented by John J. Tilley. This transaction was facilitated by Cameron Merrill from CBRE.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $61,000,000
  • Square Footage: 230,250
  • Buyer: BentallGreenOak - Gary Whitelaw
  • Seller: The Jacmar Companies - John J. Tilley
  • Broker: Cameron Merrill - CBRE

The deal involved key individuals and companies such as Gary Whitelaw from BentallGreenOak, John J. Tilley from The Jacmar Companies, and Cameron Merrill from CBRE, who played a crucial role in representing their respective parties in the transaction.

Players

Cameron Merrill

CBRE

Broker

$61M

vol

2 deals

Broker
BentallGreenOak
BentallGreenOakBuyer

El Monte 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

0.26%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93