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3237 East Guasti Road

Michael G. Rademaker's 3237 Guasti, LLC & 3257 Guasti, LLC Acquires Office Asset For $25M
SOLDOffice

Michael G. Rademaker's 3237 Guasti, LLC & 3257 Guasti, LLC Acquires Office Asset For $25M

3237 East Guasti Road & 3257 East Guasti Road

$25,000,000

$469/SF

Building Size

53,222 SF

Asset Type

Office

Closing

Apr 30, 2026

AI

The property involved in the transaction is located at 3237 East Guasti Road and 3257 East Guasti Road in Ontario, consisting of office assets. The transaction concluded at a sale price of $25,000,000 for a total square footage of 106,345, which translates to a price per square foot of $235.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: $25,000,000
  • Sale Price: $25,000,000
  • Square Footage: 106,345
  • Price per Square Foot: $235
  • Buyer: Michael G. Rademaker - 3237 Guasti, LLC & 3257 Guasti, LLC C/O of the Rademaker Trust
  • Seller: BH Properties
  • Buyer's Representative: Tony Hermosillo & Michael Rademaker - MGR Real Estate
  • Seller's Representative: Kevin Shannon, Paul Jones & Brandon White - Newmark

The transaction involved several key individuals and companies, with Michael G. Rademaker representing the buyer through 3237 Guasti, LLC & 3257 Guasti, LLC under the Rademaker Trust. The seller, BH Properties, was represented by Kevin Shannon, Paul Jones, and Brandon White from Newmark, facilitating the deal.

Players

Brandon White

Newmark

Broker

$901.6M

vol

19 deals

Broker
BP
BH PropertiesSeller

Ontario Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.63%

Cash-on-Cash

-0.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93