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2655 Crescent Drive Lafayet...

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

Real Capital Solutions Acquires Medtronic Lafayette Campus In $188M Deal

2655 Crescent Drive Lafayette, CO 80026, USA

$188,000,000

Building Size

Asset Type

Life Sciences

Closing

Aug 29, 2023

AI

The Medtronic Lafayette Campus, a Life Science property located at 2655 Crescent Drive in Lafayette, CO, has been acquired by Real Capital Solutions from Ryan Companies for a sale price of $188,000,000.

Summary of transaction details:

  • Property Type: Life Science
  • Transaction Amount: $188,000,000
  • Buyer: Marcel Arsenault - Real Capital Solutions
  • Seller: Brian Murray - Ryan Companies
  • Date: 08/29/2023
  • Market: Lafayette, CO

The acquisition of the Medtronic Lafayette Campus by Real Capital Solutions represents a significant transaction in the Life Science market. Marcel Arsenault, representing Real Capital Solutions, successfully negotiated the purchase of the property from Brian Murray, representing Ryan Companies.

Players

Marcel Arsenault

Buyer

$432.6M

vol

8 deals

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

Brian Murray

Ryan Companies

Seller

$496.1M

vol

8 deals

Seller

Crescent 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