Gantry Secures $12 Million Loan To Refinance Industrial Properties In Hillsboro, Oregon
5640 Northeast Wagon Drive
$12,000,000
Building Size
—
Asset Type
Industrial
Closing
Mar 18, 2026
AI
The property involved in this transaction is located at 5640 Northeast Wagon Drive in Hillsboro, OR. It consists of two industrial warehouse buildings, encompassing a total of 192,000 square feet. The loan amount secured for this asset is $12 million, which is intended for refinancing maturing debt on the properties.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $12,000,000
- Address: 5640 Northeast Wagon Drive
- Market: Hillsboro, OR
- Asset Size: 192,000 sq. ft.
The deal was facilitated by brokers Blake Hering, Kristin Lapinskas, and Abi Hunter from Gantry, who played a significant role in securing the financing for the properties involved in this transaction.
Players
Hillsboro 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
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93