{"id":1003922196,"date":"2008-12-12T12:00:00","date_gmt":"2008-12-12T20:00:00","guid":{"rendered":"https:\/\/64.70.41.235\/2008\/12\/12\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\/"},"modified":"2022-12-02T17:48:02","modified_gmt":"2022-12-03T01:48:02","slug":"urbanamerica-closes-on-485m-gsa-anchored-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\/","title":{"rendered":"UrbanAmerica Closes on $485M GSA-Anchored Portfolio"},"content":{"rendered":"

In its largest-ever single transaction, UrbanAmerica L.P. has acquired a 3.1 million-square-foot portfolio of 13 office buildings and one strategic distribution center for $485 million. Although the seller was not officially disclosed, press reports from last July, when the deal was initially announced, indicate that the seller was Rubicon Capital America L.L.C., of Syndey. The portfolio is 98.2 percent leased overall and is 93 percent leased to the federal General Services Administration. The properties\u2019 locations are primarily in larger urban markets: Washington, D.C.; Philadelphia; Boston; Sacramento; San Diego; Houston; Denver; Kansas City, Kan.; Providence, R.I.; Burlington, N.J.; Norfolk, Va.; Suffolk, Va.; and Huntsville, Ala. UrbanAmerica was able to assume long-term debt as part of the transaction. “This purchase is an excellent buy for our investors who are seeking core plus assets consistent with our investment strategy for Fund II,\u201d the company said in a prepared statement. UrbanAmerican also announced that CB Richard Ellis will continue to provide property management and leasing services on the properties. UrbanAmerica is a registered investment advisor specializing in urban center real estate investment nationwide.<\/p>\n","protected":false},"excerpt":{"rendered":"

In its largest-ever single transaction, UrbanAmerica L.P. has acquired a 3.1 million-square-foot portfolio of 13 office buildings and one strategic distribution center for $485 million. Although the seller was not officially disclosed, press reports from last July, when the deal was initially announced, indicate that the seller was Rubicon Capital America L.L.C., of Syndey. The…<\/p>\n","protected":false},"author":1314,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37301],"tags":[],"class_list":["post-1003922196","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"\nUrbanAmerica Closes on $485M GSA-Anchored Portfolio - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UrbanAmerica Closes on $485M GSA-Anchored Portfolio\" \/>\n<meta property=\"og:description\" content=\"In its largest-ever single transaction, UrbanAmerica L.P. has acquired a 3.1 million-square-foot portfolio of 13 office buildings and one strategic distribution center for $485 million. Although the seller was not officially disclosed, press reports from last July, when the deal was initially announced, indicate that the seller was Rubicon Capital America L.L.C., of Syndey. The…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2008-12-12T20:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-03T01:48:02+00:00\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\\\/\"},\"author\":{\"name\":\"the Editors of Commercial Property Executive\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1d2a393e4a57d6d45707374e94ab4fef\"},\"headline\":\"UrbanAmerica Closes on $485M GSA-Anchored Portfolio\",\"datePublished\":\"2008-12-12T20:00:00+00:00\",\"dateModified\":\"2022-12-03T01:48:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\\\/\"},\"wordCount\":186,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\\\/\",\"name\":\"UrbanAmerica Closes on $485M GSA-Anchored Portfolio - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"datePublished\":\"2008-12-12T20:00:00+00:00\",\"dateModified\":\"2022-12-03T01:48:02+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1d2a393e4a57d6d45707374e94ab4fef\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"UrbanAmerica Closes on $485M GSA-Anchored Portfolio\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1d2a393e4a57d6d45707374e94ab4fef\",\"name\":\"the Editors of Commercial Property Executive\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4a1f01b65b63f52e71ac6af809a4afbf3c978600fbf7dee759ae70950f9604c7?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4a1f01b65b63f52e71ac6af809a4afbf3c978600fbf7dee759ae70950f9604c7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4a1f01b65b63f52e71ac6af809a4afbf3c978600fbf7dee759ae70950f9604c7?s=96&d=mm&r=g\",\"caption\":\"the Editors of Commercial Property Executive\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/cpeadmin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"UrbanAmerica Closes on $485M GSA-Anchored Portfolio - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\/","og_locale":"en_US","og_type":"article","og_title":"UrbanAmerica Closes on $485M GSA-Anchored Portfolio","og_description":"In its largest-ever single transaction, UrbanAmerica L.P. has acquired a 3.1 million-square-foot portfolio of 13 office buildings and one strategic distribution center for $485 million. Although the seller was not officially disclosed, press reports from last July, when the deal was initially announced, indicate that the seller was Rubicon Capital America L.L.C., of Syndey. The…","og_url":"https:\/\/www.commercialsearch.com\/news\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2008-12-12T20:00:00+00:00","article_modified_time":"2022-12-03T01:48:02+00:00","author":"the Editors of Commercial Property Executive","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\/"},"author":{"name":"the Editors of Commercial Property Executive","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1d2a393e4a57d6d45707374e94ab4fef"},"headline":"UrbanAmerica Closes on $485M GSA-Anchored Portfolio","datePublished":"2008-12-12T20:00:00+00:00","dateModified":"2022-12-03T01:48:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\/"},"wordCount":186,"commentCount":0,"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\/","url":"https:\/\/www.commercialsearch.com\/news\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\/","name":"UrbanAmerica Closes on $485M GSA-Anchored Portfolio - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"datePublished":"2008-12-12T20:00:00+00:00","dateModified":"2022-12-03T01:48:02+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1d2a393e4a57d6d45707374e94ab4fef"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/urbanamerica-closes-on-485m-gsa-anchored-portfolio\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"UrbanAmerica Closes on $485M GSA-Anchored Portfolio"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1d2a393e4a57d6d45707374e94ab4fef","name":"the Editors of Commercial Property Executive","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/4a1f01b65b63f52e71ac6af809a4afbf3c978600fbf7dee759ae70950f9604c7?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/4a1f01b65b63f52e71ac6af809a4afbf3c978600fbf7dee759ae70950f9604c7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4a1f01b65b63f52e71ac6af809a4afbf3c978600fbf7dee759ae70950f9604c7?s=96&d=mm&r=g","caption":"the Editors of Commercial Property Executive"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/cpeadmin\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1003922196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1314"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1003922196"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1003922196\/revisions"}],"predecessor-version":[{"id":1004250761,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1003922196\/revisions\/1004250761"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1003922196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1003922196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1003922196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}