Property Highlights
NOTES
- Lengthy and difficult conduit loan assumption process
- Tenant in Common Seller had 22 TIC partners to coordinate with
Property Overview
Office Building
11128 John Galt Boulevard, Omaha, NE
1973, Renovated in 2001
136,968 SF on approximately 3.95 Acres
The End Result
May 1, 2012
$11,250,000
$82.14
MAJOR POINTS
- Buyer able to purchase property at a low price per square foot and above market capitalization rate
- Largest multi-tenant office investment property sold in Omaha since Ember’s sale of North Park in March, 2007
