3200 Samson Way Home / 3200 Samson Way

$ 8,662,500

3200 Samson Way, Bellevue, NE 68123 

  • CLIENT TIC
  • SIZE 116,946 SF
  • LOCATION Bellevue, NE
  • YEAR BUILT 2005

CHALLENGES

  • Limited buyer pool for large single tenant office in Bellevue, NE
  • Needed to reconstruct lease terms to attract more buyers
  • Working through security and privacy requirements of the tenant

RESULTS

  • Closed on time
  • Sold for top dollar
  • Very smooth transaction

MAJOR POINTS:

  • Added value to the seller by modifying the lease terms
  • Exceeded the pricing expectations of the seller
  • Buyer and Seller are both happy with the transaction

PROJECT OVERVIEW

Scott Koethe and Mike Earl were hired by the asset manager for the TIC that owned 3200 Samson Way, a 116,946 SF office building. The property was built for and still occupied by Northrop Grumman. The transaction involved extending and modifying the terms of Northrop Grumman’s lease in order to make the property more attractive to prospective buyers. The seller had several good offers to choose from; the transaction was closed on time and for top dollar. The buyers plan to locate some pad site users for the extra land on the site, to increase the value and add some amenities for the current occupants.