Transaction Highlights: December 2021

A coast-to-coast roundup of noteworthy office and industrial deals.

Googleplex. Image courtesy of COOKFOX Architects via Google

SALES

PropertyAsset TypeLocationBuyerSellerNotes/Arranged ByValueDate Announced
GoogleplexOfficeManhattanGoogleOxford Properties Group$2.1 Billion1-October
West 8thOfficeSeattleKilroy RealtyDWS$490 Million20-August
Cupertino Office PortfolioOfficeCupertino, Calif.AppleBerg & Berg Enterprises$450 Million24-September
The Alexandria CenterOfficeSeattleClarion PartnersAlexandria Real Estate EquitiesNewmark arranged the transaction.$364 Million22-September
Logan North Industrial Park – Building H Industrial Logan Township, N.J.Torchlight InvestorsGreek Development$265 Million30-September
500 L’Enfant Plaza OfficeWashington, D.C.Deka ImmobilienJBG Cos.Deutsche Bank provided financing.$167 Million22-September

FINANCING

PropertyAsset TypeLocationType of FinancingLenderArranged ByBorrower / NotesAmountDate Announced
4 World Trade CenterOfficeManhattanRefinancingePort Authority of New York & New JerseySilverstein Properties$1.4 Billion8-October
Fifty South Sixth OfficeMinneapolis, Minn.RefinancingOCBC BankMapletree US Management$845 Million20-September
Boston Seaport Office BostonConstructionCitizens Financial GroupWS Development$575 Million22-September
UBS Tower OfficeChicago Refinancing Bank of AmericaIrvine Co.$353 Million23-September
Neuhoff Office Nashville, Tenn.ConstructionBank OZKNew City Properties$313 Million5-October
Alliance Gateway Portfolio Industrial Fort Worth, TexasRefinancingePrudential FinanceHillwood$203 Million 5-October

To have your transaction featured, submit details to [email protected]

Read the December 2021 issue of CPE.

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