Gantry Secures $16.5 Million Loan For Acquisition Of Meadowlark Industrial Center In Cornelius Oregon
404 North Holladay Street
$16,500,000
Building Size
—
Asset Type
Industrial
Closing
Jul 13, 2026
AI
Meadowlark Industrial Center is a 100%-leased industrial property built in 2024, located at 404 North Holladay Street in Cornelius, Oregon, within Portland’s Silicon Forest corridor. The acquisition secured a loan amount of $16,500,000 for this asset.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $16,500,000
- Loan Type: Acquisition
- Market: Cornelius, OR
The deal was facilitated by brokers Paddy Ryan, Kristin Lapinskas, and Hrishi Bukshin, representing Gantry, the company that secured the financing for the acquisition of the property.
Players
Cornelius Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.96%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93