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777 W 190th St, Gardena, CA...

First Industrial Realty Trust Leases 457380 Square Feet At 777 W 190th St Gardena
LEASEDWarehouse

First Industrial Realty Trust Leases 457380 Square Feet At 777 W 190th St Gardena

777 W 190th St, Gardena, CA, 90248

Building Size

457,380 SF

Asset Type

Warehouse

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 777 W 190th St, Gardena, CA, 90248, within the Gardena market. The asset has a total area of 457,380 square feet and is managed by First Industrial Realty Trust.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 777 W 190th St, Gardena, CA, 90248
  • Square Feet: 457,380
  • Landlord: First Industrial Realty Trust
  • Landlord's Representative: David Prior, Frank Schulz - CORFAC International

This deal involves key representatives David Prior and Frank Schulz, who are associated with CORFAC International. They facilitated the transaction on behalf of First Industrial Realty Trust, the landlord for the property.

Players

Frank Schulz

The Klabin Company

Broker

$163.7M

vol

8 deals

Broker
First Industrial Realty Trust
First Industrial Realty TrustBrokerage
First Industrial Realty Trust
First Industrial Realty TrustLandlord

Gardena Warehouse Market Snapshot

Boundary boundary · Warehouse · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93