Ryan Adjnasian And Mark Blumenthal Of Partners Capital Inc Acquire Industrial Property For $15M
SOLD
$15,000,000
California
See Similar DealsIndustrial278,120 SF
Sold 01/21/2025
SOLD
Ryan Adjnasian And Mark Blumenthal Of Partners Capital Inc Acquire Industrial Property For $15M
464 Calle Primera, 494 Calle Primera, 524 Calle Primera & 2325 Via Tercero
See Similar DealsIndustrial278,120 SF
Sold 01/21/2025
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$53
Total Square Footage:278,120 SF
Transaction Type:Sale
The transaction involves an industrial property situated at 464, 494, 524 Calle Primera & 2325 Via Tercero in the San Ysidro market. The property has a total square footage of 69,530 and was sold for $15,000,000, translating to a price per square foot of $215.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $15,000,000
- Buyer: Ryan Adjnasian & Mark Blumenthal - Partners Capital Inc
- Seller: Alex Martin
- Brokers: Matt Harris & Matt Pourcho - CBRE
- Mortgage Broker: Jonathan Hakakha - Quantum Capital Partners
Ryan Adjnasian and Mark Blumenthal represented Partners Capital Inc as the buyers in this transaction, while Alex Martin acted as the seller. The brokerage services were provided by Matt Harris and Matt Pourcho from CBRE, and the financing was arranged through Jonathan Hakakha of Quantum Capital Partners.
Players
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)
$799,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$53,291.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$71,107.65
Annual Debt Service$853,291.83
Is there something missing? Send suggestions