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5530 Beach Boulevard, Buena...

Staley Point Capital And Bain Capital Real Estate Acquire Industrial Property In Buena Park For $41M
SOLDIndustrial

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

Bain Capital
Bain CapitalBuyer
Bain Capital
Bain CapitalLender

Buena Park 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

0.39%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93