California High Tech Logistics

An industrial property in Riverside, California. Securitized in 1 CMBS deal in 2023.

$161.2MAppraised value (latest deal)
100.0%Occupancy
$7.9MUnderwritten NOI
4.9%Implied cap rate
Address
14063 East Brown Street, Riverside, CA 92508
Property type
Industrial · Warehouse/Distribution
Year built
2019
Size
596,090 SF
Sponsor
Moshe Kupferstein, Devi Alfaks, Edward Alfaks, Morris Alfaks, Dib Chaaya and Salim Mann
Loan purpose
Acquisition
Largest tenant
High Tech Logistics

Appearances in CMBS deals

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
BMO 2023-5C12023-08-16$161.2M100.0%$7.9M4.9%$52.0M43.4%1.33x424B

More CMBS properties in California →

Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.