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1055 Lpl Way

U.S. Realty Advisors Acquires LPL Financial HQ From Peakstone Realty Trust For $106.8M
SOLDOffice

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

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.

Players

U.S. Realty Advisors
U.S. Realty AdvisorsBuyer

Fort Mill Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

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