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200 Medtronic Drive Lafayet...

Real Capital Solutions Acquires Medtronic Lafayette Campus For $188M
SOLDLife Sciences

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

Real Capital Solutions (RCS)
Real Capital Solutions (RCS)Buyer

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