Harbor Associates Acquires Yorba Linda Commerce Center For $81 Million With Broker Gary Martinez
3910 Prospect Avenue
$81,000,000
$289/SF
Building Size
280,000 SF
Asset Type
Industrial
Closing
May 15, 2026
AI
The asset involved in the transaction is the Yorba Linda Commerce Center, an industrial property located at 3910 Prospect Avenue, Yorba Linda, California. The sale price of the property was $81,000,000, and it encompasses approximately 280,000 square feet of space. The price per square foot is $289, highlighting the value of this multi-tenant industrial park.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $81,000,000
- Address: 3910 Prospect Avenue
- Market: Yorba Linda
- Square Footage: 280,000
- Price per Square Foot: $289
- Buyer: Harbor Associates
- Broker: Gary Martinez - Ashwill Associates
Ashwill Associates, represented by Gary Martinez, played a significant role in the completed transaction for this industrial asset. The firm undertook a long-term assignment focusing on market analysis, tenant-level underwriting, and property positioning, which were essential factors contributing to the success of the deal. This transaction reflects the ongoing strong demand for multi-tenant industrial properties in desirable Orange County locations.
Players
Yorba Linda 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
0.20%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93