Staley Point Capital And Bain Capital Real Estate Acquire Industrial Property In Buena Park For $41M
5530 Beach Boulevard, Buena Park, California 90621, United States
$41,000,000
$246/SF
Building Size
166,066 SF
Asset Type
Industrial
Closing
Mar 13, 2022
AI
The industrial property located at 5530 Beach and 5609 River in Buena Park has been sold for a price of $41,000,000. The property spans across 9.2 acres and offers a total area of 166,066 square feet. The sale transaction took place on March 14, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $41,000,000
- Address: 5530 Beach & 5609 River, Buena Park
- Market: Buena Park
- Asset Type: Industrial
- Acres: 9.2
The buyer, Staley Point Capital represented by Eric Staley and Bain Capital Real Estate, acquired the industrial property. The transaction was facilitated by JLL, the broker involved in the deal.
Players
Buena Park 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
0.39%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93