Harbor Capital Acquires Industrial Property On Centennial Boulevard In San Antonio
1734 Centennial Boulevard
Building Size
87,000 SF
Asset Type
Industrial
Closing
Mar 14, 2023
AI
An industrial property located at 1734 Centennial Boulevard in San Antonio has been sold in a transaction. The property spans an area of 87,000 square feet and was listed for sale in the market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1734 Centennial Boulevard
- Market: San Antonio
- Buyer: Harbor Capital
- Seller: Ignacio Alvarez, Jr.
- Buyer's Representative: Stan Nowak & Mick Hawton - Avison Young
The transaction involved Harbor Capital as the buyer and Ignacio Alvarez, Jr. as the seller. Stan Nowak and Mick Hawton, from Avison Young, represented the buyer in the deal. Additional details regarding the sale price or any financing arrangements were not provided.
Players
Market 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93