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7279 WILLIAM BARRY BLVD Syracuse NY 13212-3349

[Locked] • APN 057.-02-31.2

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Details
Property Type Office
Sub Type Executive Office
Building SqFt 54,620
Lot SqFt 291,143
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Year Built 2014
Building Count 1
Opportunity Zone No
Sale NOI ******
Sale Cap Rate ******
Lease Type ******
Lease Term ******
Remaining Term ******

Property History

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Activated On
11/07/2018 20:34:44
Sold Price
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Description
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Marketing Description
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Marketing Description Text
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Investment Highlights
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Remaining Term
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Tenancy
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Occupancy
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Brokers
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Lease Type
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Sale Cap Rate
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Sale Net Operating Income
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Price/Sq Ft
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Asking Price
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Asking Cap Rate
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Asking Price Per Square Foot
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Days on Market
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Brokerage(s)
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Rent Bumps
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Property Type
Property Type
Office, Industrial
Asking Details
Asking Cap Rate
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Marketing Description
Stan Johnson Company is pleased to offer for sale to qualified investors a property that is 100% leased to Novanta (“Novanta”), a NASDAQ publicly listed company with a market capitalization of $2.3 billion (as of October 2018). The property is located in North Syracuse, New York and serves as the headquarters for Novanta’s wholly owned subsidiary: JADAK Technologies (“JADAK”). Novanta was founded in 1968 and designs, manufactures and sells precision photonic and motion control components. Novanta is a leader in mission-critical technologies serving the medical and advanced industrial markets and offers its products to original equipment manufacturers (OEMs). Novanta has invested significantly in medical industry related M&A and has experienced tremendous financial growth. The company’s revenues have grown from $225 million in 2012 to just under $600 million in 2018, representing an 18% compound annual growth rate.
Investment Highlights
  • Public Company with Investment Grade Quality Credit
  • Strong Financial Growth
  • Mission-Critical Facility
  • Long-Term Lease
  • Strong Market
  • Excellent Location
Property Type
Property Type
Office
Asking Details
Asking Cap Rate
******
Marketing Description
Stan Johnson Company is pleased to offer for sale to qualified investors a property that is 100% leased to Novanta Inc. (“Novanta”), a NASDAQ publicly listed company with a market capitalization of $2.3 billion (as of October 2018). The property is located in North Syracuse, New York and serves as the headquarters for Novanta’s wholly owned subsidiary: JADAK Technologies (“JADAK”). Novanta was founded in 1968 and designs, manufactures and sells precision photonic and motion control components. Novanta is a leader in mission-critical technologies serving the medical and advanced industrial markets and offers its products to original equipment manufacturers (OEMs). Novanta has invested significantly in medical industry related M&A and has experienced tremendous financial growth. The company’s revenues have grown from $225 million in 2012 to just under $600 million in 2018, representing an 18% compound annual growth rate.
Investment Highlights
  • Public Company with Investment Grade Quality Credit
  • Strong Financial Growth
  • Mission-Critical Facility
  • Long-Term Lease
  • Strong Market
  • Excellent Location

Loan History

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Financial History

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****** Data
Net Operating Income
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Reporting Date
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Revenue
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Expenses
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Mortgage Payment
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Cash Flow
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****** Data
Net Operating Income
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Reporting Date
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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Sold on
 BY:
JR
John Rotunno PRO
•••.•••.5560
••••unno@•••••••••.com
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