Restoration Hardware Distribution
An industrial property in Patterson, California. Securitized in 1 CMBS deal in 2018.
$120.0MAppraised value (latest deal)
100.0%Occupancy
$6.1MUnderwritten NOI
5.1%Implied cap rate
- Address
- 825 Rogers Road, Patterson, CA 95363
- Property type
- Industrial · Warehouse/Distribution
- Year built
- 2015
- Size
- 1,501,387 SF
- Sponsor
- Griffin Capital Essential Asset REIT Inc.
- Loan purpose
- Recapitalization
- Largest tenant
- Restoration Hardware
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMARK 2018-B1 | 2018-01-31 | $120.0M | 100.0% | $6.1M | 5.1% | $11.4M | 61.5% | 2.49x | 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%.