Finance

Saxum Real Estate's cold storage facility in Atlanta

Saxum, BGO Recapitalize 1.5 MSF Cold Storage Portfolio

The deal involved six recently built facilities located in major U.S. distribution hubs.

NYC Blackstone Headquarters

Blackstone, Digital Realty Form $7B Venture

The partnership plans to build data centers across three primary markets.

A Hines subsidiary bought 200 Park Place in Houston last year, for $145 million

Hines Closes $152M DST Offering for Houston Tower

JLL and Buckeye Partners anchor the 15-story office building.

The company secured a 1 million-square-foot lease at Gardner Logistics Park. Image courtesy of Cushman & Wakefield

Scannell Secures $1.2B Recap of 10 MSF Portfolio

This deal includes 34 recently constructed properties.

EPIC, one of the buildings in Hudson Pacific Properties’ Hollywood Media Portfolio

Hudson Pacific Raises $189M From Land, Studio Debt Sales

The company sold a parcel in Silicon Valley, as well as loan tranches secured by Hollywood media assets.

The State Bar of California will continue to occupy much of the office building at 180 Howard St. in San Francisco’s South Financial District

Madison Capital, Taconic Provide $40M for San Francisco Acquisition

The State Bar of California will continue to occupy much of the office building.

NorthEnd. Image courtesy of Goldman Sachs

Transactions: December 2023

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

A joint venture between Atlas Capital Partners and OakPoint is developing a 60,500-square-foot distribution center in Gilbert, Ariz.

Atlas Capital, OakPoint Land Financing for Frito-Lay Facility

The PepsiCo subsidiary signed for 10 years at the Phoenix property.

Prosperity Medical Center in Fairfax, Va., is part of Harrison Street’s recently refinanced portfolio

Harrison Street Lands $126M for MOB Portfolio

Thorofare Capital provided financing for the properties in Greater Washington, D.C.

Loan maturity percentage

Wave of Loan Maturities Signals Looming Office Distress

Nearly one-third of all debt in the sector will come due by the end of 2026, a CommercialEdge market bulletin shows.