Kawasaki Motors North America Headquarters
An industrial property in Lake Forest, California. Securitized in 1 CMBS deal in 2026.
$69.0MAppraised value (latest deal)
100.0%Occupancy
$4.2MUnderwritten NOI
6.1%Implied cap rate
- Address
- 26972 Burbank, Lake Forest, CA 92610
- Property type
- Industrial · Flex
- Year built
- 1997
- Size
- 203,231 SF
- Sponsor
- Robert Searles
- Loan purpose
- Refinance
- Largest tenant
- Kawasaki Motors, U.S.A
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMO 2026-5C14 | 2026-03-10 | $69.0M | 100.0% | $4.2M | 6.1% | $26.0M | 52.2% | 1.68x | 424B |
Historical NOI reported in BMO 2026-5C14
| Period ending | NOI |
|---|---|
| 9/30/2025 | $4.0M |
| 12/31/2024 | $3.9M |
| 12/31/2023 | $3.8M |
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%.