Updated Oct 29, 2024
BioScience & Harrison Street Acquires Industrial Property In Mountain View For $40.75M
303 Ravendale Drive, Mountain View, CA, USA
$40,750,000
$608/SF
Building Size
67,000 SF
Asset Type
Industrial
Closing
Feb 21, 2021
About this deal
AI
A industrial property located at 303 Ravendale Drive in Mountain View was recently sold for a price of $40,750,000. The property spans an area of 67,000 square feet, resulting in a price per square foot of $608. The sale took place on February 22, 2021.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $40,750,000
- Address: 303 Ravendale Drive
- Market: Mountain View
The buyer of the property is BioScience & Harrison Street. Brian Brady, Christopher Merrill, and Steve Bollert were involved in the transaction.
Players
Mountain View 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
0.39%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93