Eastdil Secured
Goldman Sachs Affiliate Buys Office Portfolio for $710M
Unico Investment Group sold the 11 properties, which comprise more than 25 buildings. Eastdil Secured negotiated the deal on behalf of the seller.
DC’s Warner Center Commands $377M
JBG Smith sold the historic Pennsylvania Avenue property. The 583,453-square-foot Class A office asset was 98 percent leased at the time of the sale.
Meridian Group JV Buys Downtown DC Office
In a partnership with WeWork Property Advisors affiliates, the company plans to renovate 1333 New Hampshire Ave., a building where WeWork intends to lease 100,000 square feet.
SL Green Ups Investment in Manhattan High-Rise to $148M
The office landlord has completed the second phase of its preferred equity stake in 245 Park Ave., after an initial investment earlier this year.
Woodbine Legacy Investments Pays $152M for LA DoubleTree Hotel
The new owner plans to spend as much as $35 million in renovations. The deal includes an adjacent site slated for office development.
Portland Office Tower Changes Hands
American Realty Advisors and Unico Properties have teamed up to acquire MODA Tower, a 24-story building at 601 SW 2nd Ave. in the city’s downtown.
PCCP Funds $128M for OC Office Portfolio Purchase
The senior loan went to a joint venture of Angelo Gordon and Lincoln Property Co. for their recent acquisition of four properties totaling 540,000 square feet in Newport Beach and Irvine, Calif.
Exan Capital Snags $121M DC Office Tower
Located in the East End submarket, Executive Tower comprises 130,000 square feet across 11 stories. The seller, JBG Smith, previously purchased the asset back in 2013 for $63 million.
KBS Realty Sells 388 KSF Office Campus in Austin
Intercontinental Real Estate Corp. is the new owner of Stonebridge Plaza I & II, a Class A asset comprising two LEED-certified buildings adjoined by a parking garage.
Pembroke Enters Seattle Office Market
Skanska and TH Real Estate sold a fully leased 349,152-square-foot, Class A building for $338.4 million in one of the largest deals in the city so far this year.