Joseph Bae & Scott Nuttall Of KKR Acquire Industrial Portfolio In Sunnyvale For $124 Million
Texas
See Similar DealsJoseph Bae & Scott Nuttall Of KKR Acquire Industrial Portfolio In Sunnyvale For $124 Million
100 Planters Road, 200 Planters Road & 300 Us Highway 80
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The transaction involved a three-building industrial portfolio located at 100 and 200 Planters Road and 300 U.S. Highway 80 East in Sunnyvale, Texas. The assets have a combined total of 2 million square feet and were built in 2021-2022. The sale occurred at a transaction amount of $124 million, equating to $62 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $124,000,000
- Square Footage: 2,000,000
- Price Per Square Foot: $62
- Buyer: Joseph Bae & Scott Nuttall - KKR
- Seller: Sunnyvale Business Center JV LLC & TR Sunnyvale West LLC
- Market: Sunnyvale
The transaction was represented by Joseph Bae and Scott Nuttall from KKR, highlighting their role in the acquisition of these industrial assets, which include leased space to GC Packaging.
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