Updated Oct 28, 2024
Shorenstein Acquires Office Property In North San Jose For $235M
6001 Center Drive, Los Angeles, CA 90045, USA
$235,000,000
$545/SF
Building Size
430,852 SF
Asset Type
Office
Closing
Aug 25, 2021
About this deal
AI
An office property located at 6001 & 6201 America Center Drive in North San Jose has been sold for a total of $235,000,000. The property spans a total of 430,852 square feet, resulting in a price per square foot of $545.
Summary of transation details
- Property Type: Office
- Transaction Amount: $235,000,000
- Market: North San Jose
- Address: 6001 & 6201 America Center Drive
- Square Footage: 430,852
- Price Per Square Foot: $545
The buyer in this transaction is Brandon Shorenstein, representing Shorenstein. There are no additional details available about the deal or the involved parties.
On the Map
$235,000,000
$545/SF
Office
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Los Angeles Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.07%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93