Transaction Highlights: December 2022
November 30, 2022
A coast-to-coast roundup of noteworthy office and industrial deals.
Kearny Mesa Logistics Center. Image courtesy of Newmark
SALES
| Property | Asset Type | Location | Buyer | Seller | Notes/Arranged By | Value | Date Announced |
| 245 Park Ave. | Office | New York, N.Y. | SL Green Realty | HNA Group | – | $1,770 Million | 27-Sep |
| 101 Hudson St. | Office | Jersey City, N.J. | The Birch Group | Veris Residential | – | $346 Million | 13-Oct |
| 175 Water St. | Office | New York, N.Y. | Dart Real Estate | MetroLoft Management | – | $252 Million | 13-Oct |
| Allstate Plaza North & South | Office | Northbrook, Ill. | Dermody Properties | Allstate Investments | – | $232 Million | 19-Oct |
| Chevron Park | Office | San Ramon, Calif. | Sunset Development Co. | Chevron | – | $175 Million | 28-Sep |
| Kearny Mesa Logistics Center | Industrial | San Diego, Calif. | Terra Enterprises | Lincoln Property Co. | Newmark arranged the deal. | $162 Million | 27-Sep |
FINANCING
| Property | Asset Type | Location | Type of Financing | Lender | Arranged By | Borrower / Notes | Amount | Date Announced |
| Center For Life Science | Office | Boston | Refinance | Computershare | – | BioMed Realty | $610 Million | 4-Oct |
| One Flagler | Office | West Palm Beach, Fla. | Construction | MSD Capital | – | Related Cos. | $243 Million | 3-Oct |
| One Five One | Office | New York, N.Y. | Refinance | JPMorgan Chase | – | The Durst Organization | $200 Million | 28-Sep |
| World Financial Group Headquarters | Office | Duluth, Ga. | Refinance | Capital One | – | Anchor Health Properties | $200 Million | 6-Oct |
| Tabor Center | Office | Denver | Refinance | AXA Equitable Life Insurance Co. | – | Beacon Capital Partners | $185 Million | 29-Sep |
| Linden Portfolio | Industrial | Linden, N.J. | Refinance | Allianz | – | Modlo | $160 Million | 4-Oct |
To have your transaction featured, submit details to Agota Felhazi at [email protected].
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