Blackstone Group Acquires Industrial Property In Van Nuys For $83M
SOLD
$83,000,000
+ 1
California
See Similar DealsIndustrial448,668 SF
Sold 03/02/2020
SOLD
Blackstone Group Acquires Industrial Property In Van Nuys For $83M
8201 Woodley Ave, Van Nuys, CA, USA
See Similar DealsIndustrial448,668 SF
Sold 03/02/2020
+ 1
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$185
Total Square Footage:448,668 SF
Transaction Type:Sale
An industrial property located at 8201 Woodley Ave in Van Nuys has been sold for $83,000,000. Spanning a total area of 448,668 square feet, the property was acquired by Blackstone Group, represented by Stephen Schwarzman, Kathleen McСarthy, Jonathan Gray, and Ken Caplan. The seller of the property was Realty Bancorp Equities.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $83,000,000
- Address: 8201 Woodley Ave
- Market: Van Nuys
- Buyer: Blackstone Group - Stephen Schwarzman, Kathleen McСarthy, Jonathan Gray & Ken Caplan
- Seller: Realty Bancorp Equities
- Square Footage: 448,668
- Price Per Square Foot: $184
The Blackstone Group, led by Stephen Schwarzman, Kathleen McСarthy, Jonathan Gray, and Ken Caplan, successfully acquired the industrial property located at 8201 Woodley Ave in Van Nuys.
Players
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$4,426,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$294,881.46
Cash-on-Cash Return-1.27%
Monthly Debt Service$393,462.34
Annual Debt Service$4,721,548.14
Is there something missing? Send suggestions