Innovatus Capital Partners Acquires Sweetwater Office For $29.3M

The office property located at 11430 Northwest 20th Street and 11410 Northwest 20th Street in Sweetwater has been sold for a price of $29,300,000. The transaction took place on April 6, 2020. The property spans an area of 173,936 square feet, resulting in a price per square foot of $168. The seller, Procacci Development Corp represented by Philip Procacci, sold the property to the buyer, Innovatus Capital Partners.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $29,300,000
• Address: 11430 Northwest 20th Street, 11410 Northwest 20th Street, Sweetwater
• Market: Sweetwater
• Square Footage: 173,936
• Price per Square Foot: $168
• Seller: Procacci Development Corp - Philip Procacci
• Buyer: Innovatus Capital Partners

Philip Procacci, representing Procacci Development Corp, facilitated the sale of this office property in Sweetwater to Innovatus Capital Partners.