Updated Dec 4, 2024
KKR & Co. Inc. Acquires Mixed-Use Asset In Palo Alto From Blox Ventures LLC & Angelo Gordon For $103.6M
2100 El Camino Real, Palo Alto, CA, USA
$103,600,000
$1,342/SF
Building Size
77,191 SF
Asset Type
Mixed-use
Closing
Jan 3, 2021
About this deal
AI
The mixed-use property located at 2100 El Camino in Palo Alto has been sold in a recent transaction. The property spans a total area of 77,191 square feet and was sold at a price of $103,600,000, resulting in an average price per square foot of $1,342.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $103,600,000
- Address: 2100 El Camino, Palo Alto
- Market: Palo Alto
The buyer in this transaction was KKR & Co. Inc., while the seller was Blox Ventures LLC & Angelo Gordon. The deal was completed on January 4, 2021. Jason Oberman & Henry R. Kravis represented the buyer as KKR & Co. Inc.'s representatives during the transaction.
Palo Alto Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Angelo Gordon to view all their deals.
Browse California mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.15%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93