Updated Oct 29, 2024
Ardmore Home Design Leases Industrial Facility In La Puente For HQ
768 Turnbull Canyon Rd, La Puente, C...
Building Size
128,810 SF
Asset Type
Industrial
Closing
Sep 20, 2016
About this deal
AI
A state-of-the-art Class-A industrial facility located at 768 Turnbull Canyon Road in La Puente was leased to Ardmore Home Design. The property spans 128,810 square feet and will serve as the corporate headquarters for Ardmore’s home décor business lines Made Goods and Pigeon & Poodle.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Tenant: Ardmore Home Design
- Square Feet: 128,810
- Address: 768 Turnbull Canyon Rd, La Puente
- Landlord: FCA
- Tenant's Rep: Ty Newland (Cushman & Wakefield)
Leading the deal was Cushman & Wakefield director Ty Newland from the Inland Empire office, representing Ardmore Home Design in the long-term lease agreement. Ardmore will consolidate and relocate its operations from three separate warehousing facilities in Baldwin Park to this new facility.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
Deal FAQ
Browse this market industrial leases on Traded.
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