Capital improvement
Gerding Edlen Pays $132M for Historic Portland Asset
The 1928-built, 265,000-square-foot city center property changed hands for the first time in more than 25 years.
Crocker JV Pays $45M for Atlanta Office Building
The Class A property is located within the Cumberland/Galleria submarket northwest of the city.
Dunhill JV Buys Dallas Luxury Hotel
Starwood Property Trust provided the buyer with more than $80 million via a three-year, fixed-rate loan.
Vanbarton Group Finalizes $126M Manhattan Mid-Rise Sale
Allianz provided the institutional buyer with more than $52 million in acquisition financing for the 137,500-square-foot office asset.
Nashville Office Portfolio Lands $89M Refi
The Arkansas Teacher Retirement System JV’s two Class A towers comprise more than 400,000 square feet in the city’s West End.
Easterly Buys Orange County Office Property
The Class B asset, home to one of U.S. Citizenship and Immigration Services asylum centers, traded for more than $36 million.
Repositioned Raleigh Office Asset Trades for $18M
The Simpson Org. sold the nearly 92,000-square-foot building three years after acquiring the property and investing in capital improvements.
San Francisco Office Tower Lands $190M Refi
MetLife provided Vanbarton Group with a seven-year loan to refinance its 433,000-square-foot asset in the North Financial District.
Lee & Associates Closes $11M Simi Valley Sale
The R&D facility traded at one of the highest per-square-foot prices for the product class in the region.
Knotel Inks Another Manhattan Lease
The flexible office firm will occupy three floors at Moinian Group’s 217,534-square-foot office in the Gramercy Park submarket.