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Kw Fund Vi Vasona Med Tech Park LLC Acquires Industrial Property In Campbell For $53.9M

Property Image
SOLD
$53,900,500

California

See Similar Deals
Industrial90,635 SF
Sold 07/16/2021
the dealdetailscomps
Property Image
SOLD

Kw Fund Vi Vasona Med Tech Park LLC Acquires Industrial Property In Campbell For $53.9M

1353 Dell Ave, Campbell, CA, USA

See Similar Deals
Industrial90,635 SF
Sold 07/16/2021
the dealdetailscomps

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$594
Total Square Footage:90,635 SF
Transaction Type:Sale

The industrial property located at 1353 Dell Ave. in Campbell was sold for a price of $53,900,500. The property spans over 90,635 square feet, resulting in a price per square foot of $595. The transaction took place on July 16, 2021, with John Lane as the seller.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $53,900,500
  • Address: 1353 Dell Ave.
  • Market: Campbell
  • Square Footage: 90,635

Kw Fund Vi Vasona Med Tech Park LLC acted as the buyer in the deal. John Lane represented the seller as the seller's representative.

Players

ML
Med Tech Park LLC
BUYER

Details

SOLD
IMAGE: John Lane DATE: 07/16/2021 ADDRESS: 1353 Dell Ave. MARKET: Campbell ASSET TYPE: Industrial BUYER: Kw Fund Vi Vasona Med Tech Park LLC SELLER: John Lane PRICE: $53,900,500 SF: 90,635 ~ PPSF: $595

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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