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25520 West Avenue Stanford

Ryan Adjnasian And Mark Blumenthal Of Partners Capital Inc Purchase Industrial Property In Valencia For $13M
SOLDIndustrial

Ryan Adjnasian And Mark Blumenthal Of Partners Capital Inc Purchase Industrial Property In Valencia For $13M

25520 West Avenue Stanford

$13,000,000

$223/SF

Building Size

58,240 SF

Asset Type

Industrial

Closing

Oct 15, 2024

AI

The asset involved in this transaction is an industrial property located at 25520 West Avenue Stanford in the Valencia market. The sale price for this property was $13,000,000. It encompasses a total square footage of 58,240, resulting in a price per square foot of $223.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $13,000,000
  • Buyer: Ryan Adjnasian & Mark Blumenthal - Partners Capital Inc
  • Seller: John Elliot
  • Broker: Bentley Mckean - Kidder Mathews
  • Square Footage: 58,240
  • Price per Square Foot: $223

The deal involved key individuals including the buyers, Ryan Adjnasian and Mark Blumenthal, who represent Partners Capital Inc, along with the seller, John Elliot. The transaction was facilitated by broker Bentley Mckean from Kidder Mathews, underscoring the involvement of notable professionals in the industrial real estate sector.

Players

Bentley Mckean

Broker

$39.3M

vol

8 deals

Broker

Valencia 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

1.22%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93