Updated Jul 16, 2026
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
About this deal
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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.
On the Map
$16,500,000
Industrial
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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