Updated Oct 28, 2024
GLP Capital Partners Acquires Industrial Property In Fullerton, CA For $156M
458 East Lambert Road, Fullerton, California 92835, United States
$156,000,000
$384/SF
Building Size
406,261 SF
Asset Type
Industrial
Closing
Oct 9, 2022
About this deal
AI
Located at 458-486 E. Lambert Road in Fullerton, CA, this industrial property is situated on a spacious 18.6-acre lot. The transaction was completed on 10/10/2022, with Swiss Re Group as the seller and GLP Capital Partners - Alan Yang as the buyer's representative. Alan Yang's expertise played a crucial role in the negotiation process.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $156,000,000
- Square Feet: 406,261
- Price per Square Foot: $384
- Market: Fullerton, CA
The sale price for this industrial property was set at $156,000,000, with a total area of 406,261 square feet. At a price per square foot of $384, it attracted the attention of GLP Capital Partners - Alan Yang, who acted as the buyer's representative. The involvement of Swiss Re Group as the seller further adds to the significance of this transaction.
On the Map
$156,000,000
$384/SF
Industrial
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Fullerton 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
0.10%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93