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3001 Mission Oaks Boulevard...

Walton Street Capital Acquires Industrial Properties In Camarillo For $88M
SOLDIndustrial

Walton Street Capital Acquires Industrial Properties In Camarillo For $88M

3001 Mission Oaks Boulevard, Camarillo, CA, USA

$88,000,000

$119/SF

Building Size

733,820 SF

Asset Type

Industrial

Closing

Feb 19, 2020

AI

A recent sale transaction took place in Camarillo, Ventura County involving an industrial property. The property, located at 3175 Mission Oaks Boulevard and 3001 Mission Oaks Boulevard, was sold for a total price of $88,000,000. Spanning across a substantial area of 733,820 square feet, the industrial asset showcases its significant size and potential for various business operations. With a price per square foot of $119, this property presents a valuable investment opportunity.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $88,000,000
  • Address: 3175 Mission Oaks Boulevard, 3001 Mission Oaks Boulevard
  • Market: Camarillo, Ventura County
  • Square Footage: 733,820
  • Price per Square Foot: $119

In this deal, the buyer was Walton Street Capital, a prominent player in the real estate market. The seller, on the other hand, was STAG Industrial. Assisting the buyer, Kevin Shannon, Jim Linn, Bret Hardy, and Andrew Briner from NKF served as their representative. Representing the seller were John DeGrinis, Patrick DuRoss, and Jeff Abraham from NKF, adding their expertise to the transaction.

Players

John DeGrinis

Newmark

Broker

$123.1M

vol

7 deals

Broker
Walton Street Capital
Walton Street CapitalBuyer
Stag Industrial
Stag IndustrialSeller
Walton Street Capital
Walton Street CapitalLender

Camarillo Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.18%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93