Pecan Ave LLC Acquires Industrial Property In Rancho Cucamonga From Xebec Realty For $33.75M | 8545 Pecan Avenue | Royal Business Bank | Industrial | Sale

Summary

Sale

CALIFORNIA

Industrial

98,685 sqft

The industrial property located at 8545 Pecan Avenue in Rancho Cucamonga was sold for $33.75 million. The property encompasses a 98,685 square foot warehouse including office space, dock-high doors, and grade-level doors. The transaction involved the buyer, Susan Song - Pecan Ave LLC, and the seller, Randy Kendrick - Xebec Realty. Royal Business Bank provided the financing for the purchase.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $33,750,000
Buyer: Susan Song - Pecan Ave LLC
Seller: Randy Kendrick - Xebec Realty
Lender: Royal Business Bank
SF: 98,685
PPSF: $342

Pecan Ave LLC, associated with Susan Song, acquired the industrial property from Xebec Realty for $33.75 million. This purchase adds to Xebec Realty's logistics real estate projects in the United States.

Players

All
1

Lenders
1

Royal Business Bank

Details

Deal Summary

SOLD

IMAGE: Randy Kendrick DATE: 03/04/2024 ADDRESS: 8545 Pecan Avenue MARKET: Rancho Cucamonga ASSET TYPE: Industrial BUYER: Susan Song - Pecan Ave LLC SELLER: Randy Kendrick - Xebec Realty LENDER: Royal Business Bank (@RoyalBusinessBank) SALE PRICE: $33,750,000 SF: 98,685 ~ PPSF: $342 NOTE: Pecan Ave LLC, associated with Susan Song, purchased a recently developed industrial property in Rancho Cucamonga for $33.75 million with financing from Royal Business Bank. The property, acquired from Xebec Realty for $5.28 million, features a 98,685 square foot warehouse with office space, dock-high doors, and grade-level doors, adding to Xebec's portfolio of logistics real estate projects across the United States.

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Address8545 Pecan Avenue

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