Updated Nov 28, 2024
Prologis Acquires Santa Clara Retail Property For $310 Million
4701 Great America Parkway, Santa Clara, California 95054, United States
$310,000,000
Building Size
—
Asset Type
Retail
Closing
Jun 27, 2022
About this deal
AI
The property involved in this transaction is located at 4701 Great America Pkwy in Santa Clara. It is a retail asset covering an area of 112.0 acres. The sale took place on 06/28/2022.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $310,000,000
- Address: 4701 Great America Pkwy
- Market: Santa Clara
- Acres: 112.0
The buyer in this transaction is Prologis, represented by Hamid Moghadam. The seller is Cedar Fair, represented by Richard A. Zimmerman.
The retail sale at 4701 Great America Parkway, Santa Clara, California 95054, United States in Santa Clara, California sold for $310M in 2022. 4701 Great America Parkway, Santa Clara, California 95054, United States is classified as Retail on Traded. Hamid Moghadam, Prologis appear on the sale alongside Prologis. This page is the Santa Clara, California file for the 4701 Great America Parkway, Santa Clara, California 95054, United States retail sold: pricing, party profiles, and other closed retail comps from the same Santa Clara sit in the Market section below. Filter that Santa Clara retail set by closing date to see what else sold near 4701 Great America Parkway, Santa Clara, California 95054, United States around 2022. Published consideration for 4701 Great America Parkway, Santa Clara, California 95054, United States is $310M, dated 2022. Cite this Prologis Acquires Santa Clara Retail Property For $310 Million sale when underwriting similar retail product around Santa Clara, California.
Players
Santa Clara Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse California retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.05%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93