Transaction Highlights: February 2023

SALES

Property	Asset Type	Location	Buyer	Seller	Notes/Arranged By	Value	Date Announced
3100 S. Milliken Ave.	Industrial	Mira Loma, Calif.	NFI	Sares-Regis Group	Colliers arranged the sale.	$220 Million	22-Nov
Syngenta RTP Innovation Center	Office	Research Triangle Park, N.C.	Blue Owl Capital	Syngenta	–	$213 Million	21-Nov
Rider Distribution Center	Industrial	Perris, Calif.	GCP	WPT Capital Advisors	Colliers facilitated the transaction.	$90 Million	16-Dec
South End Business Park	Industrial	Charlotte, N.C.	Ram Realty Advisors	Stockbridge Capital Group	–	$81 Million	21-Nov
222 NW 24th St.	Office	Miami, Fla.	Brick & Timber Collective	Tricera Capital	–	$78 Million	13-Dec
15998 Walgreens Drive	Industrial	Jupiter, Fla.	MG3 Developer Group	Walgreens Boots Alliance	CBRE arranged the sale-leaseback deal.	$78 Million	28-Nov

FINANCING

Property	Asset Type	Location	Type of Financing	Lender	Arranged By	Borrower / Notes	Amount	Date Announced
Texas Portfolio	Industrial	Texas	Refinance	BAWAG P.S.K.	–	Outour Storage Investments	$500 Million	9-Dec
Fifth + Broadway: 501 Commerce	Mixed-use: Office	Nashville, Tenn.	Acquisition	Pacific Life Insurance Co.	–	Northwood Investors	$427 Million	22-Nov
3201 Cuthbert St.	Office	Philadelphia, Pa.	Construction	Corebridge Financial	JLL Capital Markets	Gattuso Development Partners, Vigilant Holdings	$290 Million	19-Dec
125 Park Ave.	Office	New York, N.Y.	Refinance	Wells Fargo Bank	–	SL Green Realty	$272 Million	14-Dec
1330 Avenue of the Americas	Office	New York, N.Y.	Acquisition	Deutsche Bank	–	Empire Capital Holdings	$215 Million	21-Nov
260, 261 Madison Ave.	Office	New York, N.Y.	Refinance	JPMorgan Chase	–	The Sapir Organization	$200 Million	15-Dec
777 Third Ave.	Office	New York, N.Y.	Refinance	Signature Bank	–	The William Kaufman Organization	$155 Million	1-Dec

To have your transaction featured, submit details to Agota Felhazi at [email protected].

Read the February 2023 issue of CPE.