Franklin Street Properties Corp Sells Office Building In Broomfield, CO For $102.5M
390 Interlocken Crescent, Broomfield, Colorado 80021, United States
$102,500,000
$212/SF
Building Size
482,000 SF
Asset Type
Office
Closing
Sep 12, 2022
About this deal
AI
The office property located at 380 & 390 Interlocken Crescent in Broomfield, CO has been sold. The property spans approximately 482,000 square feet and was sold for a price of $102,500,000. This translates to a price per square foot of $213.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $102,500,000
- Address: 380 & 390 Interlocken Crescent, Broomfield, CO
- Market: Broomfield, CO
- Seller: Franklin Street Properties Corp
The sale of this office property was facilitated by Franklin Street Properties Corp. They represented the seller in this transaction.
On the Map
$102,500,000
$212/SF
Office
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Players
Broomfield Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.15%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93