Brauvin Real Estate Sells Retail Portfolio In United States For $185M
United States
$185,000,000
$23/SF
Building Size
8,000,000 SF
Asset Type
Office
Closing
Feb 17, 2022
About this deal
AI
The recent sale involved a retail portfolio in the United States. The property, which was sold by Brauvin Real Estate, was handled by brokers John Morse and Andrew Hahn from Patzik, Frank & Samotny. The transaction took place on February 18, 2022, with a sale price of $185,000,000. Unfortunately, no additional information is available about the specific properties included in the retail portfolio.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $185,000,000
- Seller: Brauvin Real Estate
- Brokers: John Morse & Andrew Hahn - Patzik, Frank & Samotny
This significant deal was facilitated by John Morse and Andrew Hahn, who represented the buyer and seller respectively. They displayed their expertise in the real estate industry, ensuring a successful transaction for all parties involved. The sale of the retail portfolio demonstrates the strong market demand for commercial properties in the United States.
Players
Kanona 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
0.09%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93