Updated Dec 12, 2024
ASB Real Estate Investments Acquires Industrial Property In Pooler, GA For $161M
300 Seabrook Pkwy, Pooler, Georgia 31322, United States
$161,000,000
$115/SF
Building Size
1,400,000 SF
Asset Type
Industrial
Closing
Dec 27, 2021
About this deal
AI
The industrial property located at 300 Seabrook Parkway in Pooler, GA was recently sold in a transaction. The property spans approximately 1,400,000 square feet. The sale price for the property was $161,000,000, resulting in a price per square foot of $115.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $161,000,000
The buyer of the property was ASB Real Estate Investments, represented by Mary Murphy. The seller in the transaction was Ares Management. The deal was facilitated by brokers Stewart Calhoun and Casey Masters from Cushman & Wakefield.
On the Map
$161,000,000
$115/SF
Industrial
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Players
Pooler Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.10%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93