Slack’s Stewart Butterfield and Away’s Jen Rubio with 3636 Clay Road, San Francisco (Google Maps, Getty)
They’ve constructed up two companies price over $1 billion, now they’re increase their actual property portfolio.
Silicon Valley energy couple Stewart Butterfield, the co-founder of Slack, and Away co-founder Jen Rubio have amassed a powerful array of luxe properties, having spent not less than $140 million since 2021, the Wall Road Journal reported.
Butterfield and Rubio, who married in 2020 and share two kids, have bought 5 properties — situated in three states — between January 2021 and August 2022, the outlet reported.
The couple in January 2021 first purchased a 20,000-acre New Mexico ranch from designer Tom Ford for an estimated $40 million, a lot decrease than the $75 million unique itemizing in 2016.
Along with a primary home, two personal visitor homes and a horse facility, the ranch consists of the Silverado Film City constructed within the Nineteen Eighties for the 1984 movie “Silverado” starring Kevin Costner. The film city has since featured in “Thor” and “All of the Fairly Horses,” in accordance with the Journal.
“There are quite a lot of fabulous ranches in New Mexico, however that is the crown jewel,” itemizing agent Kevin Bobolsky advised the outlet.
Compass’ Clayton Orrigo and Sotheby’s Worldwide Realty’s Neil Lyon represented the client.
Clayton Orrigo of Compass represented the client alongside native agent Neil Lyon of Sotheby’s Worldwide Realty.
Rubio and Butterfield then bought from David Walentas an 11-bedroom mansion at 199 Coopers Neck Lane in Southampton, New York, for $32.2 million.
Bespoke Actual Property and Brown Harris Stevens’ Christopher Burnside marketed the property, and Sotheby’s Worldwide Realty’s Harald Grant represented the patrons.
Walentas bought the 17,000-square-foot, century-old house together with his late spouse, Jane, in 2019 for $11.6 million. Walentas set about fixing up the property and promoting it, dedicating additional time to the 17,000-square-foot challenge after handing day-to-day operations of the event agency to his son, Jed.
The house consists of 11 bedrooms, 12 bogs and two powder rooms. There are two gated driveways and an all-weather tennis courtroom has reportedly been proposed for the property. The property is near Cooper’s Seaside in Southampton.
The couple has additionally bought two properties in New York Metropolis: 36-foot-wide, 8,000-square-foot West Village townhouse for $27.27 million in August 2021; and a Tribeca townhouse with the town’s solely personal skybridge for $20 million in August 2022, in accordance with the Journal.
Orrigo, the Compass agent, advised the Journal on the time of the acquisition that the Tribeca townhouse would function programming area for the couple’s basis.
It was first listed for $50 million in 2016 earlier than the asking worth was decreased to $35 million in 2019. The three-story, 25-foot-wide townhouse at 9 Jay Road connects to a 2,300-square-foot apartment unit at 67 Hudson Road, which was included within the sale.
Butterfield and Rubio in January 2021 additionally purchased a 5-acre property within the 5 Timber neighborhood in Aspen, Colorado, for $25 million, the Journal reported.
The ten,600-square-foot house has six bedrooms, a three-car storage, a 500-bottle wine cellar and a tasting room.
The couple has additionally offered some properties prior to now two years, together with their 8,000-square-foot Presidio Heights Victorian for slightly below $19.2 million in October 2022.
They listed 3636 Clay Road for $19.8 million with Sotheby’s Worldwide Realty agent Neil Bassi. Additionally they offered a Tribeca townhouse for $8.4 million in 2021, the Journal reported.
— Ted Glanzer
The publish Energy couple builds up $140M actual property portfolio appeared first on The Actual Deal Nationwide.
