Office
Pendulum Property Partners Closes $62M Acquisition
According to CommercialEdge data, the asset value rose by more than 50 percent since its last trade.
SL Green Inks Lease in Midtown East
A hedge fund will share the 20-story building’s fifth floor with the National Center on Addiction and Substance Abuse.
Lionstone Capital Sells Majority Interest in New Jersey Asset
A joint venture has acquired a stake in a recently renovated office building in Parsippany.
Behind Oracle’s $155M San Jose Deal
PIMCO and Lane Partners secured a loan from Blackstone Mortgage Trust for the purchase of the downtown office tower.
Regent Properties Lands $62M Loan for Phoenix Campus
CBRE has facilitated one of the metro’s largest office financing deals so far this year.
Related Cos.’ $175M Buying Spree in West Palm Beach
The company has re-acquired a downtown office tower that it built in 2008 as part of the former CityPlace mixed-use development.
Hines Fund to Buy PG&E’s San Francisco HQ for $800M
The utility firm plans to relocate from the 1.4 million-square-foot complex to a new home base in Oakland.
Embarcadero Capital Sells Silicon Valley Asset for $29M
According to CommercialEdge data, the sale price of the R&D property has nearly doubled since its previous trade.
Manhattan Mixed-Use Asset Lands $55M Bridge Loan
Emerald Creek Capital supplied Reading International Inc. with financing secured by the onetime headquarters of Tammany Hall.
Los Angeles’ US Bank Tower to Get $60M Makeover
Silverstein Properties will reposition the city’s second-tallest building.