Transaction Highlights: August 2022
July 28, 2022
A coast-to-coast roundup of noteworthy office and industrial deals.
SALES
Property | Asset Type | Location | Buyer | Seller | Notes / Arranged By | Value | Date Announced |
Sunnyvale Campus | Office | Sunnyvale, Calif. | CommonWealth Partners | Tishman Speyer | Fully leased to Meta | $707 Million | 9-June |
475 Fifth Ave. | Office | New York, N.Y. | RFR Realty | Nuveen Real Estate, Norges Bank Investment Management | – | $291 Million | 24-May |
3801 Brighton Blvd. | Industrial | Denver | Stoltz Real Estate Partners | PepsiCo | – | $158 Million | 10-June |
8301 Belvedere Ave. | Industrial | Sacramento, Calif. | Dalfen Industrial | LDK Ventures | – | $150 Million | 25-May |
1925 W. John W. Carpenter Freeway | Office | Irving, Texas | Northridge Capital | Sooner Management | – | $136 Million | 8-June |
One Patriots Park | Office | Bedford, Mass. | Barings | Jumbo Capital Management | Newmark facilitated the transaction | $132 Million | 23-May |
FINANCING
Property | Asset Type | Location | Type of Financing | Lender | Arranged By | Borrower / Notes | Amount | Date Announced |
Florida and California Portfolio | Industrial | National | Refinance | Deutsche Bank | – | Link Logistics | $765 Million | 23-May |
451 D St. | Office | Boston | Acquisition | TIAA | Eastdil Secured | GI Partners | $319 Million | 1-June |
Amazon-Leased Portfolio | Industrial | National | Acquisition | Societe Generale, Standard Chartered Bank | – | Mirae Asset Global Investments | $287 Million | 23-May |
799 Broadway | Office | New York, N.Y. | Refinance | Blackstone Group | – | Columbia Property Trust | $270 Million | 16-June |
Ontario Ranch Business Park | Industrial | Ontario, Calif. | Construction | JPMorgan Chase | JLL Capital Markets | Real Estate Development Associates | $210 Million | 26-May |
NC Music Factory, Toyota Music Factory Office Tower | Office | Charlotte, N.C., Irving, Texas | Acquisition | Athene USA | – | Brookfield Properties | $195 Million | 27-May |
To have your transaction featured, submit details to Agota Felhazi at [email protected].
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