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12300 Southeast Carpenter D...

Cre-Provender Clackamas, LLC Acquires Industrial Property In Clackamas, OR For $37.6M
SOLDIndustrial

Cre-Provender Clackamas, LLC Acquires Industrial Property In Clackamas, OR For $37.6M

12300 Southeast Carpenter Drive, Clackamas, Oregon 97015, United States

$37,600,000

$207/SF

Building Size

181,672 SF

Asset Type

Industrial

Closing

Sep 7, 2022

AI

Cre-Provender Clackamas, LLC has acquired an industrial property located at 12300 SE Carpenter Dr in Clackamas, OR. The property spans 181,672 square feet and was sold by Allen Properties, LLC for a total price of $37,600,000, resulting in a price per square foot of $207.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $37,600,000
  • Square Footage: 181,672
  • Address: 12300 SE Carpenter Dr, Clackamas, OR
  • Market: Clackamas, OR

The deal was facilitated by Zach Francis of Kidder Mathews, acting as the broker representing both parties in the transaction.

Players

Zach Francis

Kidder Mathews

Broker

$80.4M

vol

4 deals

Broker
AP
Allen PropertiesSeller

Clackamas Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.42%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93