General Atomics Acquires Industrial Portfolio In San Diego From Healthpeak Properties For $180M
14170 Kirkham Way, 14200 Kirkham Way, 14250 Kirkham Way, 14105 Kirkham Way, 14177 Kirkham Way, 14253 Kirkham Way & 14311 Kirkham Way
$180,000,000
$36/SF
Building Size
4,916,996 SF
Asset Type
Industrial
Closing
Apr 5, 2024
AI
The industrial property located at 14170, 14200, 14250, 14105, 14177, 14253 & 14311 Kirkham Way in San Diego, CA, was sold in a transaction involving General Atomics as the buyer and Healthpeak Properties as the seller's representatives. The property spans 702,428 square feet with a sale price of $180,000,000, equating to $256 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $180,000,000
- Buyer: General Atomics
- Seller: Healthpeak Properties
- Seller's Rep: Matthew Carlson, Hunter Rowe, Rebecca Perlmutter Finkel, Barbara Perrier, Michael Longo & Camille Doan - CBRE
- Address: 14170, 14200, 14250, 14105, 14177, 14253 & 14311 Kirkham Way, San Diego, CA
- Market: San Diego, CA
- Square Footage: 702,428
- Price per Square Foot: $256
The deal was facilitated by CBRE representatives Matthew Carlson, Hunter Rowe, Rebecca Perlmutter Finkel, Barbara Perrier, Michael Longo, and Camille Doan, showcasing their expertise in managing the transaction between General Atomics and Healthpeak Properties.
Players
Poway 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
0.09%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93