Transaction Highlights: January 2022

January 3, 2022

Lowe’s Global Technology Center. Image courtesy of Lowe’s

Property	Asset Type	Location	Buyer	Seller	Notes / Arranged By	Value	Date Announced
CBS Building	Office	Manhattan	Harbor Group International	CBS	CBRE represented the seller.	$760 Million	26-October
Lowe’s Global Technology Center	Office	Charlotte, N.C.	Apollo Global Management	Childress Klein	JLL brokered the sale.	$318 Million	23-November
999 Peachtree	Office	Atlanta	Piedmont Office Realty Trust	Franklin Street Properties	–	$224 Million	25-October
Tasman Technology Park	Office	Milpitas, Calif.	Washington Holdings	Orchard Commercial	Newmark brokered the sale.	$170 Million	21-October
10 Twin Dolphin Drive	Office	Redwood City, Calif.	IQHQ	Oracle	–	$164 Million	12-November
The Cubes at Inland 85 Logistics Center – Building C	Industrial	Greer, S.C.	PRP Real Estate Investment Management	Clayco	–	$119 Million	4-November

Property	Asset Type	Location	Type of Financing	Lender	Arranged By	Borrower / Notes	Amount	Date Announced
1290 Avenue of the Americas	Office	Manhattan	CMBS	JPMorgan Chase, Citi, Goldman Sachs, Bank of Montreal	Cushman & Wakefield represented the borrower.	Vornado Realty Trust, The Trump Organization	$950 Million	17-November
Atkore Headquarters	Industrial	Harvey, Ill.	Refinance	JPMorgan Chase	–	Atkore International	$840 Million	25-October
Park Avenue Plaza	Office	Manhattan	Refinance	Morgan Stanley	–	Fisher Brothers	$575 Million	28-October
30 Hudson Yards	Office	Manhattan	Refinance	The Carlyle Group	–	Related Cos.	$391 Million	21-October
Novo Nordisk U.S. Headquarters	Office	Plainsboro, N.J.	Refinance	Deutsche Bank	Cushman & Wakefield arranged the financing.	Hana Financial Group	$211 Million	17-November
Ivy Station – 8900 Venice Blvd.	Mixed Use	Culver City, Calif.	Refinance	Apollo Global Management	–	Lowe	$205 Million	28-October