facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Illinois

/

Commercial

/

Sale

/

Ardmore Studios, Ardmore St...

Updated Dec 19, 2023

Hackman Capital Partners And Square Mile Capital Management Acquire Ardmore Studios And National Technology Park For £72.7M
SOLDCommercial

Hackman Capital Partners And Square Mile Capital Management Acquire Ardmore Studios And National Technology Park For £72.7M

Ardmore Studios, Ardmore Studios, Herbert Road, Killarney, Bray, Wicklow, Ireland

$72,693,500

$111/SF

Building Size

650,000 SF

Asset Type

Commercial

Closing

Aug 13, 2020

About this deal

AI

The recent transaction involved the purchase of commercial properties in Wicklow and Limerick, Ireland. The properties are located at Ardmore Studios, Herbert Rd, Killarney, Bray, Co. Wicklow, and National Technology Park Plassey, Castletroy, Limerick, V94 A6F4. The total square footage of the properties is 650,000 square feet, with a purchase price of £72,693,500. The buyer of the properties is Hackman Capital Partners, represented by Michael Hackman, and Square Mile Capital Management, represented by Craig Soloman. The seller of the properties is Olcott Entertainment.

Summary of transaction details

  • Property Type: Commercial
  • Transaction Amount: £72,693,500
  • Square Footage: 650,000
  • Vendor: Olcott Entertainment
  • Purchaser: Hackman Capital Partners - Michael Hackman & Square Mile Capital Management - Craig Soloman

The acquisition of these properties was completed on 13/08/2021. This transaction signifies the expansion of Hackman Capital Partners and Square Mile Capital Management's real estate portfolio in Ireland. The properties offer significant opportunities for commercial development and investment in Wicklow and Limerick.

Players

Market Commercial Market Snapshot

Boundary boundary · Commercial · Sale transactions

Loading comparables…

Deal FAQ

About $111 per square foot on a published $72.7M for 650,000 square feet (2020).

Browse Illinois commercial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.22%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets