Updated Oct 28, 2024
Blue River Technology Acquires Scott Boulevard Office In Santa Clara For $85M
3303 Scott Boulevard, Santa Clara, California 95054, United States
$85,000,000
$1,016/SF
Building Size
83,600 SF
Asset Type
Office
Closing
Oct 31, 2022
About this deal
AI
The office building located at 3303 Scott Boulevard in Santa Clara has been sold in a transaction valued at $85,000,000. With a total square footage of 83,600, the property was sold at a price per square foot of $1,017. The buyer in this transaction is Blue River Technology, represented by Jorge Heraud. The seller of the property is Toeniskoetter.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $85,000,000
- Square Footage: 83,600
- Price per Square Foot: $1,017
Jorge Heraud of Blue River Technology played a key role as the buyer in this office property transaction. Toeniskoetter acted as the seller in this deal. Both parties were able to successfully negotiate a sale for a mutually agreed-upon price.
Players
Santa Clara Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Browse California office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.19%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93