Transaction Highlights: January 2023

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

200 S. Mathilda Ave. Image courtesy of Drawbridge Realty Trust

SALES

PropertyAsset TypeLocationBuyerSellerNotes/Arranged ByValueNotes/Arranged By
1330 Avenue of the AmericasOfficeNew York, N.Y.Empire Capital Holdings, Hakimian Capital, CH Capital Group, Creed Equities and Nassimi RealtyRXR Realty, Blackstone Group –$320 Million17-Nov
The Catalyst – 684 W. Maude Ave.OfficeSunnyvale, Calif.Metzler Real Estate, Union Investment Real Estate GmbHHarvest Properties –$222 Million28-Oct
200 S. Mathilda Ave.OfficeSunnyvale, Calif.Drawbridge Realty TrustJP Morgan Asset ManagementEastdil Secured represented the seller.$193 Million4-Nov
Deepwater Industrial Park – Building BIndustrialRichmond, Va.Realty IncomeHourigan Development –$128 Million1-Nov
911 John St.OfficeColumbus, OhioQatar First BankCambridge Holdings –$118 Million4-Nov
4 Burlington WoodsOfficeBurlington, Mass.MetLife Real Estate InvestmentGEM Realty Capital –$103 Million9-Nov

FINANCING

PropertyAsset TypeLocationType of FinancingLenderArranged ByBorrower / NotesAmountDate Announced
2590 Walsh Ave.OfficeSanta Clara, Calif.RefinanceSociete Generale– Vantage Data Centers$350 Million17-Nov
Nine-property portfolioOffice/IndustrialNationalAcquisitionCapital One –Big Sky Medical$190 Million21-Oct
Society AtlantaOfficeAtlantaConstructionRelated Cos. –Property Markets Group$182 Million1-Nov
295 Fifth Ave.OfficeNew York, N.Y.RefinanceDeutsche PfandbriefbankNewmarkTribeca Associates$150 Million17-Nov
The Fred F. French BuildingOfficeNew York, N.Y.RefinanceSignature Bank –The Feil Organization$140 Million10-Nov
Whiteland 65 Logistics CenterIndustrialWhiteland, Ind.ConstructionMetropolitan Life Insurance Co. –DEEM$130 Million5-Nov

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

Read the January 2023 issue of CPE.

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