Real Capital Solutions Acquires Medtronic Lafayette Campus For $188M
200 Medtronic Drive Lafayette, CO 80026, USA
$188,000,000
$465/SF
Building Size
404,159 SF
Asset Type
Life Sciences
Closing
Aug 28, 2023
AI
The Medtronic Lafayette Campus, a 404,159-square-foot life science property located at 200 & 250 Medtronic Drive in Lafayette, Colorado, has been sold for $188 million. Real Capital Solutions acquired the property from Ryan Cos at a price of $465.16 per square foot. The transaction took place on 08/28/2023 in the Boulder, CO market.
Summary of transaction details
- Property Type: Life Sciences
- Transaction Amount: $188,000,000
- Address: 200 & 250 Medtronic Drive, Lafayette, Colorado
- Buyer: Real Capital Solutions
- Seller: Ryan Cos
- Square Footage: 404,159
- Price Per Square Foot: $465
Real Capital Solutions, a prominent buyer in the real estate market, made this significant acquisition. They recognized the value in the Medtronic Lafayette Campus and its potential for the life sciences industry. Ryan Cos, the seller in the deal, has successfully closed this transaction, showcasing their expertise in real estate.
Players
Lafayette Life Sciences Market Snapshot
Boundary boundary · Life Sciences · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.08%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93