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5640 Northeast Wagon Drive

Gantry Secures $12 Million Loan To Refinance Industrial Properties In Hillsboro, Oregon
FINANCEDIndustrial

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

Blake Hering

Gantry

Broker

$157.5M

vol

6 deals

Broker

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