NFI Industries Acquires Industrial Property In Eastvale For $220M
13000 Mission Boulevard
$220,000,000
$289/SF
Building Size
760,829 SF
Asset Type
Industrial
Closing
Nov 22, 2022
AI
The industrial property located at 13000 Mission Boulevard in Eastvale has been sold in a closed transaction. The property spans a total of 760,829 square feet and was sold for a price of $220,000,000, resulting in a price per square foot of $289.
Summary of transaction details:
- Property Type: Industrial
- Sale Price: $220,000,000
- Square Footage: 760,829
- Address: 13000 Mission Boulevard, Eastvale
- Market: Eastvale
The buyer in this transaction was NfI Industries, specifically their investment arm, while the seller was Sares Regis Group. The deal was facilitated by brokers from Colliers, namely Michael Kendall, Gian Bruno, Kenny Patricia, Steve Bellitti, Tom Taylor, and Joey Jones.
Note: The transaction details were provided without any additional information.
Players
Odessa 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
0.07%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93