Transaction Highlights: August 2022

A coast-to-coast roundup of noteworthy office and industrial deals.

Sunnyvale Campus. Image courtesy of Jeff Peters Photography and Tishman Speyer

SALES

PropertyAsset TypeLocationBuyerSellerNotes / Arranged ByValueDate Announced
Sunnyvale CampusOfficeSunnyvale, Calif.CommonWealth PartnersTishman SpeyerFully leased to Meta$707 Million9-June
475 Fifth Ave.OfficeNew York, N.Y.RFR RealtyNuveen Real Estate, Norges Bank Investment Management$291 Million24-May
3801 Brighton Blvd.IndustrialDenverStoltz Real Estate PartnersPepsiCo$158 Million10-June
8301 Belvedere Ave.IndustrialSacramento, Calif.Dalfen IndustrialLDK Ventures$150 Million25-May
1925 W. John W. Carpenter FreewayOfficeIrving, TexasNorthridge CapitalSooner Management$136 Million8-June
One Patriots ParkOfficeBedford, Mass.BaringsJumbo Capital ManagementNewmark facilitated the transaction$132 Million23-May

FINANCING

PropertyAsset TypeLocationType of FinancingLenderArranged ByBorrower / NotesAmountDate Announced
Florida and California PortfolioIndustrialNationalRefinanceDeutsche BankLink Logistics$765 Million23-May
451 D St.OfficeBostonAcquisitionTIAAEastdil SecuredGI Partners$319 Million1-June
Amazon-Leased PortfolioIndustrialNationalAcquisitionSociete Generale, Standard Chartered BankMirae Asset Global Investments$287 Million23-May
799 BroadwayOffice New York, N.Y.RefinanceBlackstone GroupColumbia Property Trust$270 Million16-June
Ontario Ranch Business ParkIndustrialOntario, Calif.ConstructionJPMorgan ChaseJLL Capital MarketsReal Estate Development Associates$210 Million26-May
NC Music Factory, Toyota Music Factory Office TowerOfficeCharlotte, N.C., Irving, TexasAcquisitionAthene USABrookfield Properties$195 Million27-May

To have your transaction featured, submit details to Agota Felhazi at [email protected].

Read the August 2022 issue of CPE.