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404 North Holladay Street

Gantry Secures $16.5 Million Loan For Acquisition Of Meadowlark Industrial Center In Cornelius Oregon
FINANCEDIndustrial

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

Paddy Ryan

Gantry

Broker

$23M

vol

2 deals

Broker

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