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
Ontario Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
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