Cogir Acquires Special Purpose Property In Brentwood From Northestern Mutual For $39.2M
SOLD
$39,200,000
California
See Similar DealsSold 06/01/2022
SOLD
Cogir Acquires Special Purpose Property In Brentwood From Northestern Mutual For $39.2M
150 Cortona Way, Brentwood, California 94513, United States
See Similar DealsSold 06/01/2022
Summary
CALIFORNIA
Transaction Type:Sale
The special purpose property located at 150 Cortona Way in Brentwood was recently sold in a transaction. The sale took place on 06/01/2022 between the buyer, Cogir, and the seller, Northwestern Mutual. The property was listed on the market with the assistance of Charles Bissell and Dean Ferris from JLL Capital Markets. The transaction was valued at $39,200,000.
Summary of transaction details
- Property Type: Special Purpose
- Transaction Amount: $39,200,000
- Address: 150 Cortona Way
- Market: Brentwood
Charles Bissell and Dean Ferris from JLL Capital Markets represented the buyer, Cogir, in the sale of the property. Their expertise and negotiation skills played a key role in the successful completion of the transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,090,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$139,269.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$185,828.00
Annual Debt Service$2,229,935.99
Is there something missing? Send suggestions