Updated May 12, 2025
U.S. Realty Advisors Acquires LPL Financial HQ From Peakstone Realty Trust For $106.8M
1055 Lpl Way
$106,800,000
$236/SF
Building Size
451,598 SF
Asset Type
Office
Closing
May 5, 2025
About this deal
AI
The property asset involved in this transaction is an office space located at 1055 Lpl Way, Fort Mill, SC. The sale was completed for a total of $106,800,000, resulting in a price per square foot of $236 for the 451,598 square foot property, which was constructed in 2016.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $106,800,000
- Buyer: U.S. Realty Advisors
- Seller: Peakstone Realty Trust
- Square Footage: 451,598
- Price per Square Foot: $236
- Market: Fort Mill, SC
- Sale Date: 05/05/2025
This transaction involved U.S. Realty Advisors, which is affiliated with the buyer, securing the property previously owned by Peakstone Realty Trust. The purpose of the purchase was to acquire the headquarters for LPL Financial.
On the Map
$106,800,000
$236/SF
Office
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Players
Fort Mill 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
0.15%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93