Barbra Murray
Rockefeller Group, Mitsubishi Sell Boston Trophy Tower
TA Realty arranged the $418 million sale of 28 State St., a 479,000-square-foot office building in the city’s Financial District. According to published reports, Heitman Capital Management is the new owner.
Chesapeake Lodging Trust to Sell SoCal Hotel for $90M
The planned disposition of the Hyatt Centric Santa Barbara comes five years after the REIT acquired the 200-key destination for $61 million.
Ground Breaks on $115M Hotel in Charlotte
Adding to the city’s growing lodging portfolio, The Kessler Collection will develop the luxury, 254-key Grand Bohemian in the thriving Uptown submarket.
Meridian Arranges $240M Loan for NYC Office Tower
The Hakimian Organization will utilize the proceeds to refinance 636 11th Ave., a 560,000-square-foot property fully leased to advertising and public relations firm Ogilvy & Mather.
Hollywood Retail Property Trades for $61M
Lee & Associates-LA North/Ventura represented Cahuenga Lofts and Ivar Group in the sale of Space 15 Twenty, a 40,000-square-foot shopping and dining destination along the trendy Cahuenga Corridor.
Citizens Bank Provides $185M Loan for SF Office Tower
Phase 3 Real Estate utilized the funds to refinance Genesis South Tower, a 336,400-square-foot lab and office property located within a three-building life sciences development.
Bridge Sells VA Office Campus for $62M
The real estate investment management firm sold SunTrust Center One and Two, a 419,700-square-foot office complex in Richmond, to FD Stonewater just one year after purchasing the asset.
Lamar Acquires 550 KSF Phoenix-Area Shopping Center
In partnership with Real Capital Solutions, the company purchased a segment of Promenade at Casa Grande, a 1 million-square-foot retail property in Casa Grande, Ariz.
Blackstone Sells NYC Office Tower for $640M
The company found a buyer for the 683,000-square-foot 5 Bryant Park in Midtown Manhattan with the assistance of JLL and HFF. JLL also arranged $463 million in acquisition financing.
Manhattan Office Tower Lands $100M Refi
Partners GFP Real Estate and Northwind Group secured the 10-year loan, provided by Capital One Bank, for a 300,000-square-foot property in the Financial District.