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NFI Industries Acquires Industrial Property In Eastvale For $220M

Property Image
SOLD
$220,000,000
Kenny Patricia
Tom Taylor
Stephen (Steve) Bellitti
+ 3

Texas

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Industrial760,829 SF
Sold
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Property Image
SOLD

NFI Industries Acquires Industrial Property In Eastvale For $220M

13000 Mission Boulevard

See Similar Deals
Industrial760,829 SF
Sold
Kenny Patricia
Tom Taylor
Stephen (Steve) Bellitti
+ 3
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$289
Total Square Footage:760,829 SF
Transaction Type:Sale

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

Gian Bruno
Colliers
Gian Bruno
22 deals$2.3B volume(949) 724-5511
BROKER
Michael Kendall
Colliers
Michael Kendall
21 deals$2.3B volume
BROKER
Joey Jones
Colliers
Joey Jones
4 deals$512.4M volume
BROKER
Stephen (Steve) Bellitti
Colliers
Stephen Bellitti
7 deals$521.9M volume(626) 512-2225
BROKER
Tom Taylor
CBRE
Tom Taylor
3 deals$356.5M volume
BROKER
Kenny Patricia
Colliers
Kenny Patricia
18 deals$2.3B volume
BROKER
NfI Industries
NfI Industries
BUYER
Sares Regis Group
Sares Regis Group
SELLER

Details

SOLD
IMAGE: Michael Kendall, Gian Bruno, Kenny Patricia, Steve Bellitti, Tom Taylor & Joey Jones DATE: 22/11/2022 ADDRESS: 13000 Mission Boulevard MARKET: Eastvale ASSET TYPE: Industrial BUYER: NfI Industries - Investment Arm of NFI SELLER: Sares Regis Group BROKERS: Michael Kendall, Gian Bruno, Kenny Patricia, Steve Bellitti, Tom Taylor & Joey Jones - Colliers SALE PRICE: $220,000,000 SF: 760,829 ~ PPSF: $289 # InvestmentArmOfNFI

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$781,613.54
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