Mixed Use
Office, Data-Center Portfolio Sold for $138.5M in D.C. Area
Tysons East Metro Portfolio, a five-building complex encompassing approximately 310,800 square feet of office-and-data-center space in McLean, Va., has found a new home for the price of $138.5 million.
JLL Secures Nearly $300M in Loans for Two Dallas Properties
JLL’s capital-markets team has secured two new loans: a $205 million transaction for The Crescent through MetLife and a $93 million deal for the Trammell Crow Center through Northwestern Mutual.
CBRE Orchestrates $380M Financing Deal for NYC’s Chelsea Market
The popular NYC destination Chelsea Market underwent a $380M financing deal orchestrated by CBRE for Jamestown Properties.
Jamestown, EastBanc Invest in Georgetown Renaissance Portfolio
Jamestown and EastBanc announced a partnership to develop the 306,000 square-foot mixed-use Georgetown Portfolio in Washington, D.C.
224 KSF Silicon Valley Office Campus Commands $45.8M
Great America Place has come under new ownership now that DJM Capital Partners has sold the Silicon Valley property to Newcastle Partners in a $45.8 million transaction.
CBRE Arranges $49 Million Sale of Sè Hotel in San Diego
In a sign of continued life for the hospitality sector, CBRE announced that it completed the $49 million sale of the Sè Hotel in San Diego to an affiliate of Kimpton Hotels & Resorts.
L.A. Apartment Property Paragon Trades for $58.6M
Cornerstone just acquired the mixed-use Paragon at Old Town, a suburban Los Angeles asset, from Urban Housing Group for $58.6 million.
Purchase of Atlanta’s Historic Sears Building Paves Way for $180M Rehab
The 2.1 million-square-foot Sears building in Atlanta is one step closer to becoming the mixed-use Ponce City Market now that Jamestown Properties has completed the $27 million acquisition from the city of Atlanta.
MIG Real Estate Continues Acquisition Phase with Purchase of 163,400 SF Scottsdale Office Park
Piggybacking on three large property acquisitions in June, MIG Real Estate acquired the 164,300-square-foot Scottsdale Center, five Class A two-story buildings in Scottsdale, Ariz.
HFF Orchestrates $355M Construction Loan for Vertex’s 1.1 MSF Boston HQ
Vertex Pharmaceuticals at Boston’s Fan Pier development got a boost as HFF orchestrated a $355 million construction loan for The Fallon Co. to bring the 1.1 million-square-foot office and research project to fruition.