Nublock Partners Brokers Facilitate $94M Sale Of 11-Acre Industrial Site On S. Wanamaker Ave
600 Wanamaker Avenue
$94,000,000
$393/SF
Building Size
239,000 SF
Asset Type
Industrial
Closing
Jun 9, 2022
AI
The industrial property located at 600-620 S. Wanamaker Ave in Inland Empire West was recently sold in a transaction. The property sits on 11 acres of land and spans a total of 239,000 square feet. The sale price for this transaction was $94,000,000, resulting in a price per square foot of $393.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $94,000,000
- Address: 600-620 S. Wanamaker Ave
- Market: Inland Empire West
- Size: 239,000 square feet
- Price per Square Foot: $393
The deal was facilitated by Roy Harel and John Lupfer of Nublock Partners, who served as the brokers for the transaction. They represented the parties involved in this closed property deal.
Players
Ontario 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
0.17%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93