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
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