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890 East Mill Street

Timur Tecimer Of Overton Moore Properties Acquires Industrial Warehouse In San Bernardino For $120M
SOLDIndustrial

Timur Tecimer Of Overton Moore Properties Acquires Industrial Warehouse In San Bernardino For $120M

890 East Mill Street

$120,000,000

$228/SF

Building Size

525,756 SF

Asset Type

Industrial

Closing

Dec 5, 2025

AI

The industrial warehouse located at 890 East Mill Street in San Bernardino, which spans 525,756 square feet, has been sold for $120,000,000. The price per square foot for the transaction is $228. The asset is fully leased and features extensive facilities, including 192 dock-high doors, 771 trailer stalls, and 29 acres of excess land.

Summary of transaction details:

Cushman & Wakefield brokered the sale, representing the Brookfield-backed seller while securing acquisition financing for Overton Moore Properties through its debt group. The transaction reflects strong demand for large-scale logistics assets in the Inland Empire region.

Players

Brian Share

Cushman & Wakefield

Broker

$3.8B

vol

24 deals

Broker
OP
Overton Moore PropertiesBuyer
Brian Kingston

Brian Kingston

Brookfield Properties

Seller

$7.7B

vol

44 deals

Seller

San Bernardino 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

0.13%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93