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Joseph Bae & Scott Nuttall Of KKR Acquire Industrial Portfolio In Sunnyvale For $124 Million

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SOLD
$124,000,000

Texas

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Industrial6,000,000 SF
Sold 12/22/2025
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SOLD

Joseph Bae & Scott Nuttall Of KKR Acquire Industrial Portfolio In Sunnyvale For $124 Million

100 Planters Road, 200 Planters Road & 300 Us Highway 80

See Similar Deals
Industrial6,000,000 SF
Sold 12/22/2025
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$20
Total Square Footage:6,000,000 SF
Transaction Type:Sale

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.

Players

Joseph Bae
14 deals$2.6B volume
BUYER

Details

SOLD
IMAGE: Joseph Bae & Scott Nuttall DATE: 12/22/2025 ADDRESS: 100, 200 Planters Road & 300 US Highway 80 East MARKET: Sunnyvale ASSET TYPE: Industrial BUYER: Joseph Bae & Scott Nuttall - KKR SELLER: Sunnyvale Business Center JV LLC & TR Sunnyvale West LLC SALE PRICE: $124,000,000 SF: 2,000,000 ~ PPSF: $62 NOTE: KKR & Co. acquired a three-building industrial portfolio totaling 2 million square feet in Sunnyvale, Texas, for $124 million, or $62 per square foot. The 2021–2022-built properties, located at 100 and 200 Planters Road and 300 U.S. Highway 80 East, include space leased to GC Packaging.

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