Updated Oct 28, 2024
Gildred Development Co. Acquires Rancho Santa Fe Office Portfolio For $19.5M
6002-6 El Tordo, Rancho Santa Fe, CA, USA
$19,500,000
$1,044/SF
Building Size
18,663 SF
Asset Type
Office
Closing
Jul 20, 2020
About this deal
AI
The office property located at 6002-6 El Tordo, 5951 La Sendita, and 17008 Avenida De Acacias in Rancho Santa Fe has been sold. The transaction took place on July 20, 2021.
Summary of transaction details:
- Property Type: Office
- Sale Price: $19,500,000
- Square Footage: 18,663
- Price per Square Foot: $1,044
- Market: Rancho Santa Fe
The buyer of the property is Gildred Development Co., while the seller is Huntington Hotel Co. The deal was facilitated by JLL Capital Markets.
Joe Bernstein, Joe Anderson, Matt Pourcho, Anthony DeLorenzo, Bryan Johnson, and Gary Stache were involved in the transaction, representing either the buyer or the seller.
Players
Rancho Santa Fe Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Visit Joe Anderson to view all their deals.
Browse California office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.81%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93