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400 S Baldwin Ave, Arcadia,...

Unibail Rodamco Westfield Sells Retail Property In Arcadia, CA For $537.5M
SOLDRetail

Unibail Rodamco Westfield Sells Retail Property In Arcadia, CA For $537.5M

400 S Baldwin Ave, Arcadia, CA 91007

$537,500,000

$363/SF

Building Size

1,480,000 SF

Asset Type

Retail

Closing

Aug 24, 2022

AI

The retail property located at 400 S. Baldwin Avenue in Arcadia, CA has been sold in a closed transaction. The property, owned by Unibail Rodamco Westfield and represented by Jean Marie Tritant, was sold for a total price of $537,500,000. The property spans across 1,480,000 square feet, resulting in a price per square foot of $363.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $537,500,000
  • Square Footage: 1,480,000
  • Price Per Square Foot: $363
  • Address: 400 S. Baldwin Avenue, Arcadia, CA
  • Market: Arcadia, CA

The deal was facilitated by the brokerage firm Eastdil Secured.

Players

Jean Marie Tritant

Unibail Rodamco Westfield

Seller

$2.6B

vol

7 deals

Seller

Arcadia Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.03%

Cash-on-Cash

-0.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93