Hines Sells Industrial Property In Santa Ana To An Undisclosed Buyer For $113.5M
515 East Dyer Road, Santa Ana, CA, USA
$113,500,000
$303/SF
Building Size
373,942 SF
Asset Type
Industrial
Closing
Jan 18, 2021
AI
An industrial property located at 515 E. Dyer in Santa Ana has been sold for $113,500,000. The property spans a total of 373,942 square feet, resulting in a price per square foot of $303. The sale took place on January 19, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $113,500,000
- Address: 515 E. Dyer, Santa Ana
- Market: Santa Ana
- Asset Type: Industrial
The seller of the property was Hines. The sale was facilitated by John Griffin from Cushman & Wakefield.
Players
Santa Ana 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
0.14%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93