American Real Estate Partners
Two Equity Commonwealth Office Assets Fetch $670M
In separate deals, the company has closed on the disposition of both 600 W. Chicago Ave. in Chicago and 1600 Market St. in Philadelphia.
HFF Arranges $160M Sale, Loan for Philly Office Tower
Acting on behalf of Equity Commonwealth, the firm arranged the disposition of the 826,000-square-foot building at 1600 Market St., and secured acquisition financing for the buyer, an affiliate of American Real Estate Partners.
DC Office Building Trades, Seeks Rebranding
In a deal brokered by Newmark Knight Frank, American Real Estate Partners paid $64.2 million for the 192,000-square-foot office asset located in the NoMad submarket of Washington, D.C.
Highly Crowdfunded Vehicle Hits Final Close at $151M
Origin Investments’ Fund III, raised from more than 450 investors, is intended to acquire $600 million in value-added commercial properties.
Innovatus Buys Keystone Office Park Buildings
The company has made its first big investment by acquiring two office properties totaling 223,475 square feet in Durham, N.C.
Origin Investments Acquires Keystone 100
The property is located in the vicinity of Research Triangle Park and numerous academic institutions.
Allstate Leases CenterPointe I at Bridgewater
The CenterPointe at Bridgewater office park was acquired by American Real Estate Partners in 2015 for nearly $24.8 million.
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