Bank of America
Griffin-American REIT Buys $24M MOB in Seattle
Virginia Mason Health System and Swedish Health Services are among the tenants of the 1991-built property. The buyer financed the acquisition using cash on hand and borrowings.
Apartment Income Investors Trades Inland Retail Asset
A private investor paid $24 million for the roughly 100,000-square-foot Thomas Winery Plaza in the Inland Empire in an all-cash transaction.
Griffin-American Snags CO MOB for $32M
Grand Junction Medical Office Building comprises 83,000 square feet and is fully leased to the Colorado West Healthcare System and its subsidiaries.
Charlotte Office Park Scores $119M Refi
Constructed between 2001 and 2008, the six Class A buildings are 95 percent occupied, with a tenant roster including Selective Insurance, Crown Castle, Heartland Payment Systems and TIAA-CREF.
Ground Breaks on 1.4 MSF Chicago Office Tower
Howard Hughes Corp. and Riverside Investment & Development Co. have already signed Bank of America to a 500,000-square-foot lease at 110 North Wacker, scheduled for delivery in the fourth quarter of 2020.
Stockbridge Lands $47M Loan for FL Office
Earlier in January, the owner paid $41.1 million to acquire the 24-story tower and a connected two-story building in Fort Lauderdale’s central business district from U.S. Bank.
Tishman Expands Orlando Hospitality Portfolio
Karlson’s Hospitality traded the three properties, which include 400 guestrooms, for $66 million. The new owner funded the acquisition with a $58.5 million loan.
CIM Group Buys Denver Office Complex
The purchase of the LoDo Towers is the company’s first deal in downtown Denver, but it has been working on a large redevelopment project a few miles away.
JV Buys $12M Phoenix MOB
Constructed in 2012, the 34,000-square-foot property is 90 percent occupied by Banner Medical Group and the Center for Orthopedic Research and Education Inc.
Top 10 Lenders of 2017 in the Denver Office Market
Yardi Matrix’s list of the most active lenders in the past year focuses on the biggest loans originated to finance office assets in the metro area.