Transaction Highlights: October 2021

September 30, 2021

725 Ponce. Image courtesy of New City Properties

Property	Asset Type	Location	Buyer	Seller	Notes/Arranged By	Value	Date Announced
Industrial/Office Portfolio (29 Properties)	Industrial, Office	Nationwide	Mapletree US Management	Sila Realty Trust	–	$1.3 Billion	22-July
The BEAT	Office	Boston	Beacon Capital Partners	Alcion Ventures	–	$363 Million	19-August
1111 Broadway	Office	Oakland, Calif.	Swift Real Estate Partners	Ellis Partners	–	$325 Million	16-August
725 Ponce	Office	Atlanta	Cousins	New City Properties	The buyer provided a self-financed acquisition loan.	$300 Million	2-August
520 Almanor	Office	Sunnyvale, Calif.	GI Partners	Lane Partners	Eastdil Secured represented the seller.	$254 Million	20-July
One South at The Plaza	Office	Charlotte, N.C.	Tourmaline Capital Partners	Cousins	CBRE represented the seller.	$272 Million	29-July

Property	Asset Type	Location	Type of Financing	Lender	Arranged By	Borrower / Notes	Amount	Date Announced
One SoHo Square	Office	Manhattan	Refinance	Goldman Sachs	–	Stellar Management	$785 Million	29-July
Terminal Stores	Office	Manhattan	Refinance	Blackstone Group	–	Columbia Property Trust	$731 Million	21-August
1301 Avenue of the Americas	Office	Manhattan	Refinance	Wells Fargo, Morgan Stanley	Eastdil Secured arranged the financing.	Paramount Group	$860 Million	20-August
DC Office Portfolio (12 Properties)	Office	Washington, D.C.	Acquisition	JPMorgan Chase	–	Brookfield Properties	$443 Million	26-July
The National	Office	Dallas	Refinance	Starwood Capital Group	–	Todd Interests	$245 Million	9-August
1450 Broadway	Office	Manhattan	CMBS	Bank of Montreal	Newmark arranged the financing.	The Zar Group	$215 Million	25-August