Kennedy Wilson Acquires Office Building In Campbell For $147.3M
200 E Hacienda Ave, Campbell, CA, USA
$147,300,000
$1,631/SF
Building Size
90,298 SF
Asset Type
Industrial
Closing
Jul 20, 2020
AI
Located in Campbell, the office property at 200 E. Hacienda Ave. has been sold for a total of $147,300,000. The transaction took place on July 20, 2021. The property spans 267,476 square feet and has a price per square foot of $550. The buyers of the property are Kennedy Wilson, while the sellers are Vista Investment Group and PIMCO.
Summary of transation details
- Property Type: Office
- Transaction Amount: $147,300,000
- Address: 200 E. Hacienda Ave.
- Market: Campbell
- Square Footage: 267,476
- Price Per Square Foot: $550
Erik Fox, Seth Siegel, Steven Hermann, Ryan Venezia, and Rick Ryan from Cushman & Wakefield represented both the buyer, Kennedy Wilson, and the sellers, Vista Investment Group and PIMCO, in this transaction.
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
0.11%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93