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13000 Mission Boulevard

NFI Industries Acquires Industrial Property In Eastvale For $220M
SOLDIndustrial

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

Gian Bruno

Colliers

Broker

$2.3B

vol

22 deals

Broker
NfI Industries
NfI IndustriesBuyer
Sares Regis Group
Sares Regis GroupSeller

Odessa Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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