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389 Disc Drive
SOLD

Conscience Bay Co Acquires Seagate Technology Campus In Longmont, CO For $101.5M

389 Disc Drive

Office
528,000 SF
clock iconSold 311 days ago
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Summary

Sale
COLORADO
Office
528,000 sqft

Conscience Bay Co has acquired the Seagate Technology Campus in Longmont, Colorado for $101.5 million. The office property, located at 389 Disc Drive, spans a total area of 528,000 square feet. The transaction was completed at a rate of $192.23 per square foot.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $101,500,000
  • Address: 389 Disc Drive, Longmont, CO
  • Market: Longmont, CO
  • Square Footage: 528,000
  • Price Per Square Foot: $192

This acquisition was facilitated by Conscience Bay Co and financed by Essex Financial Group. Conscience Bay Co purchased the Seagate Technology Campus from an undisclosed seller in this transaction. The deal represents a significant investment in Longmont, Colorado's office real estate market.

Details

Deal Summary
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SOLD
IMAGE: 07/12/2023 ADDRESS: 389 Disc Drive MARKET: Longmont, CO ASSET TYPE: Office BUYER: Conscience Bay Co LENDER: Essex Financial Group SALE PRICE: $101,500,000 SF: 528,000 ~ PPSF: $192 NOTE: Conscience Bay Co. acquired the Seagate Technology Campus in Longmont, Colorado, for $101.5 million, equivalent to $192.23 per square foot.

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