Transaction Highlights: December 2021

November 30, 2021

Googleplex. Image courtesy of COOKFOX Architects via Google

Property	Asset Type	Location	Buyer	Seller	Notes / Arranged By	Value	Date Announced
Googleplex	Office	Manhattan	Google	Oxford Properties Group	–	$2.1 Billion	1-October
West 8th	Office	Seattle	Kilroy Realty	DWS	–	$490 Million	20-August
Cupertino Office Portfolio	Office	Cupertino, Calif.	Apple	Berg & Berg Enterprises	–	$450 Million	24-September
The Alexandria Center	Office	Seattle	Clarion Partners	Alexandria Real Estate Equities	Newmark arranged the transaction.	$364 Million	22-September
Logan North Industrial Park – Building H	Industrial	Logan Township, N.J.	Torchlight Investors	Greek Development	–	$265 Million	30-September
500 L’Enfant Plaza	Office	Washington, D.C.	Deka Immobilien	JBG Cos.	Deutsche Bank provided financing.	$167 Million	22-September

Property	Asset Type	Location	Type of Financing	Lender	Arranged By	Borrower / Notes	Amount	Date Announced
4 World Trade Center	Office	Manhattan	Refinancinge	Port Authority of New York & New Jersey	–	Silverstein Properties	$1.4 Billion	8-October
Fifty South Sixth	Office	Minneapolis, Minn.	Refinancing	OCBC Bank	–	Mapletree US Management	$845 Million	20-September
Boston Seaport	Office	Boston	Construction	Citizens Financial Group	–	WS Development	$575 Million	22-September
UBS Tower	Office	Chicago	Refinancing	Bank of America	–	Irvine Co.	$353 Million	23-September
Neuhoff	Office	Nashville, Tenn.	Construction	Bank OZK	–	New City Properties	$313 Million	5-October
Alliance Gateway Portfolio	Industrial	Fort Worth, Texas	Refinancinge	Prudential Finance	–	Hillwood	$203 Million	5-October