Transactions: November 2020

November 5, 2020

U.S. Bank Tower. Image courtesy of Silverstein Properties

Property	Asset Type	Location	Buyer	Seller	Notes/Arranged By	Value	Date Announced
U.S. Bank Tower	Office	Los Angeles	Silverstein Properties	Overseas Union Enterprise	–	$430 Million	16-Sept.
REI at The Spring District	Office	Seattle	Facebook	REI	–	$367.6 Million	15-Sept.
522 Fifth Ave.	Office	Manhattan	RFR Realty	Morgan Stanley	Column Financial provided financing.	$350 Million	3-Sept.
Perimeter Park Portfolio	Office	Morrisville, N.C.	Mapletree U.S. Management	Starwood Capital Group	–	$189 Million	4-Sept.
Tropical Distribution Center – Sephora	Industrial	Las Vegas	DWS Group, RREEF Property Trust	VanTrust Real Estate	MassMutual provided financing.	$88.5 Million	22-Sept.
Bubb Road Portfolio	Office	San Jose, Calif.	Global Asset Capital	Graymark Capital	Cushman & Wakefield closed the transaction.	$73.8 Million	11-Sept.

Property	Asset Type	Location	Type of Financing	Lender	Arranged by	Borrower / Notes	Amount	Date Announced
410 10th Ave.	Office	Manhattan	Refinance	Goldman Sachs & Wells Fargo	–	SL Green Realty	$600 Million	15-Sept.
Nomad Tower	Office	Manhattan	Refinance	HSBC Bank	–	Global Holdings	$443 Million	18-Sept.
State Farm at Park Center – Phase II	Office	Atlanta	Construction	Dunwoody Development Authority	–	State Farm Insurance	$169.6 Million	21-Sept.
1 Giralda Farms, Arbors at Parsippany	Office	Madison, N.J. & Parsippany, N.J.	Acquisition	Barings	Mack-Cali sold the portfolio for $160 million.	Onyx Equities/Axonic Capital/Taconic Capital/Machine Investment Group	$147.7 Million	16-Sept.
Sanofi-Aventis U.S. Headquarters	Office	Bridgewater, N.J.	Refinance	Bank of Texas	–	AR Global	$125 Million	8-Sept.
Bronx Logistics Center	Industrial	Bronx	Construction	JPMorgan Chase	JLL Capital Markets	Turnbridge Equities, Dune Real Estate Partners	$105 Million	8-Sept.