Updated Oct 2, 2026
Tristone Capital Acquires Industrial Asset From Patrick Grabowski Jr. For $7.75M In Ontario
2319 Locust Court
$7,750,000
$208/SF
Building Size
37,146 SF
Asset Type
Industrial
Closing
Sep 30, 2026
About this deal
AI
The asset involved in this transaction is an industrial property located at 2319 Locust Court in Ontario. The sale was completed for a total price of $7,750,000, covering an area of 37,146 square feet. The price per square foot for this property is $208.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,750,000
- Address: 2319 Locust Court
- Market: Ontario
- Buyer: Tristone Capital
- Seller: Patrick Grabowski Jr.
- Broker: Kyle Vizzo - Lee & Associates
Key individuals in this transaction include the buyer, Tristone Capital, and the seller, Patrick Grabowski Jr. The deal was brokered by Kyle Vizzo, representing Lee & Associates, who facilitated the transaction between the buyer and seller.
On the Map
$7,750,000
$208/SF
Industrial
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Players
Ontario 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
2.05%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93