North Park

Office Property: Omaha, NE

Property Highlights

NOTES

  • Closed sale in two phases
  • Worked closely with Seller’s tax advisor to minimize Seller’s tax consequences
  • Defeased existing conduit loan

Property Overview

Class B Office

2121 N 117th Ave Omaha, NE

1986 to 2006

508,000 SF (6 Buildings)

The End Result

2007

$70,500,000

$138.78

MAJOR POINTS

  • Largest transaction ever done by Buyer
  • One of Omaha’s largest investment transactions
  • Nominated for “Transaction of the Year” by Omaha’s annual Commercial Real Estate Workshop

Oakview Plaza