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8690 Kerns Street, 2660 Sar...

Updated Oct 28, 2024

EastGroup Properties Acquires Industrial Properties In San Diego For $135M
SOLD

EastGroup Properties Acquires Industrial Properties In San Diego For $135M

$135,000,000

Building Size

Asset Type

Closing

Dec 17, 2021

About this deal

AI

No summary available.

EastGroup Properties Acquires Industrial Properties In San Diego For $135M is logged as a commercial sale on Traded (2021). Taylor Neiman, Ryan Spradling, Makenna Peter, Greg Lewis appear on the sale alongside JLL. This page is the market file for the EastGroup Properties Acquires Industrial Properties In San Diego For $135M commercial sold: pricing, party profiles, and other closed commercial comps from the same area sit in the Market section below. Cite this EastGroup Properties Acquires Industrial Properties In San Diego For $135M sale when underwriting similar commercial product.

Players

Ryan Sitov

JLL

Broker

$995.7M

vol

12 deals

Broker
EastGroup Properties
EastGroup PropertiesBuyer

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.12%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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