Irvine Crossing
A mixed-use property in Irvine, California. Securitized in 1 CMBS deal in 2016.
$109.0MAppraised value (latest deal)
100.0%Occupancy
$5.9MUnderwritten NOI
5.4%Implied cap rate
- Address
- 17871 Von Karman Avenue & 17836 Gillette Avenue, Irvine, CA 92614
- Property type
- Mixed Use · Warehouse/Data Center
- Year built
- 1974
- Size
- 202,500 SF
- Sponsor
- Menlo Equities V LLC
- Loan purpose
- Refinance
- Largest tenant
- Amazon
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| CD 2016-CD2 | 2016-12-08 | $109.0M | 100.0% | $5.9M | 5.4% | $62.5M | 57.3% | 2.05x | 424B |
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%.