Updated Oct 28, 2024
Kw Fund Vi Vasona Med Tech Park LLC Acquires Industrial Property In Campbell For $53.9M
1353 Dell Ave, Campbell, CA, USA
$53,900,500
$594/SF
Building Size
90,635 SF
Asset Type
Industrial
Closing
Jul 15, 2021
About this deal
AI
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
Campbell Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.29%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93