{"id":1004513659,"date":"2021-03-04T13:59:32","date_gmt":"2021-03-04T21:59:32","guid":{"rendered":"http:\/\/internal.cpexecutive.com\/?p=1004513659"},"modified":"2022-08-03T02:30:06","modified_gmt":"2022-08-03T10:30:06","slug":"transactions-march-2021","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/transactions-march-2021\/","title":{"rendered":"Transactions: March 2021"},"content":{"rendered":"
\"\"<\/a>

410 10th Avenue. Image courtesy of SL Green Realty<\/p><\/div>\n

READ THE DIGEST<\/a><\/p>\n

SALES<\/h3>\n\n\n\n\n\n\n\n\n\n
Property<\/strong><\/td>\nAsset Type<\/strong><\/td>\nLocation<\/strong><\/td>\nBuyer<\/strong><\/td>\nSeller<\/b><\/td>\nNotes\/Arranged By<\/strong><\/td>\nValue<\/strong><\/td>\nDate Announced<\/strong><\/td>\n<\/tr>\n
410 10th Avenue<\/td>\nOffice<\/td>\nManhattan<\/td>\nThe 601W Cos.<\/td>\nSL Green Realty<\/td>\nCBRE represented the seller.<\/td>\n$952.5 Million<\/td>\n18-Dec<\/td>\n<\/tr>\n
Qualtrics Tower<\/td>\nOffice<\/td>\nSeattle<\/td>\nHana Financial Group<\/td>\nSkanska<\/td>\nJPMorgan Chase provided financing.<\/td>\n$704.2 Million<\/td>\n21-Dec<\/td>\n<\/tr>\n
Cambridge Discovery Park Portfolio<\/td>\nOffice<\/td>\nCambridge, Mass.<\/td>\nHealthpeak Properties<\/td>\nThe Bulfinch Cos.<\/td>\n\u2013<\/td>\n$610 Million<\/td>\n1-Dec<\/td>\n<\/tr>\n
1918 Eighth Avenue<\/td>\nOffice<\/td>\nSeattle<\/td>\nHudson Pacific Properties, CPP Investments<\/td>\nJPMorgan Asset Management<\/td>\nWells Fargo provided financing.<\/td>\n$589.2 Million<\/td>\n21-Dec<\/td>\n<\/tr>\n
510 Townsend Street, 505 Brannan Street<\/td>\nOffice<\/td>\nSan Francisco<\/td>\nAscendas REIT<\/td>\nAlexandria Real Estate Equities, TMG Partners<\/td>\n\u2013<\/td>\n$560.2 Million<\/td>\n20-Nov<\/td>\n<\/tr>\n
McDonald\u2019s Corporate Headquarters<\/td>\nOffice<\/td>\nChicago<\/td>\nNormandy Properties<\/td>\nSterling Bay<\/td>\nJLL Capital Markets represented the seller.<\/td>\n$412.5 Million<\/td>\n11-Nov<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

FINANCING<\/h3>\n\n\n\n\n\n\n\n\n\n
Property<\/strong><\/td>\nAsset Type<\/strong><\/td>\nLocation<\/strong><\/td>\nType of Financing<\/strong><\/td>\nLender<\/b><\/td>\nArranged by<\/strong><\/td>\nBorrower \/ Notes<\/strong><\/td>\nAmount<\/strong><\/td>\nDate Announced<\/strong><\/td>\n<\/tr>\n
Nationwide Portfolio (70 Properties)<\/td>\nIndustrial & Office<\/td>\nNationwide<\/td>\nBridge<\/td>\nJPMorgan Chase<\/td>\n\u2013<\/td>\nLink Logistics<\/td>\n$1.5 Billion<\/td>\n9-Nov<\/td>\n<\/tr>\n
One Madison Avenue<\/td>\nOffice<\/td>\nManhattan<\/td>\nConstruction<\/td>\nWells Fargo, TD Bank, Goldman Sachs, Bank of America, Deutsche Bank, Axos Bank<\/td>\n\u2013<\/td>\nSL Green Realty, National Pension Service of Korea, Hines<\/td>\n$1.3 Billion<\/td>\n16-Nov<\/td>\n<\/tr>\n
Grace Building<\/td>\nOffice<\/td>\nManhattan<\/td>\nCMBS Refinance<\/td>\nBank of America, JPMorgan Chase, Credit Suisse, Deutsche Bank<\/td>\n\u2013<\/td>\nThe Swig Co., Brookfield Properties<\/td>\n$1.3 Billion<\/td>\n24-Nov<\/td>\n<\/tr>\n
One New York Plaza<\/td>\nOffice<\/td>\nManhattan<\/td>\nBridge<\/td>\nWells Fargo, Goldman Sachs, BMO Harris Bank<\/td>\n\u2013<\/td>\nBrookfield Properties<\/td>\n$835 Million<\/td>\n14-Dec<\/td>\n<\/tr>\n
Starbucks Center<\/td>\nOffice<\/td>\nSeattle<\/td>\nRefinance<\/td>\nDeutsche Bank<\/td>\n\u2013<\/td>\nNitze-Stagen<\/td>\n$425 Million<\/td>\n10-Dec<\/td>\n<\/tr>\n
Nationwide Portfolio (25 Properties)<\/td>\nOffice & Retail<\/td>\nNationwide<\/td>\nBridge<\/td>\nPNC Bank<\/td>\n\u2013<\/td>\nMenlo Equities<\/td>\n$400 Million<\/td>\n17-Nov<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

To have your transaction featured,\u00a0submit details to Jeffrey.Hamann@cpe-mhn.com.<\/em><\/p>\n

Read the March 2021 issue of CPE.<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A selection of noteworthy deals announced between November 1, 2020 to January 15, 2021.<\/p>\n","protected":false},"author":1309,"featured_media":1004529264,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1521,21825,23891],"tags":[],"class_list":["post-1004513659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-digital","category-finance","category-national"],"acf":[],"yoast_head":"\nTransactions: March 2021 - 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\/transactions-march-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transactions: March 2021\" \/>\n<meta property=\"og:description\" content=\"A selection of noteworthy deals announced between November 1, 2020 to January 15, 2021.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/transactions-march-2021\/\" \/>\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=\"2021-03-04T21:59:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-03T10:30:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Transactions.-410-10th-Avenue.-Image-courtesy-of-SL-Green-Realty.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"CPE\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transactions-march-2021\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/transactions-march-2021\/\",\"name\":\"Transactions: March 2021 - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transactions-march-2021\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transactions-march-2021\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Transactions.-410-10th-Avenue.-Image-courtesy-of-SL-Green-Realty.jpg\",\"datePublished\":\"2021-03-04T21:59:32+00:00\",\"dateModified\":\"2022-08-03T10:30:06+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/3125b02e798a1337e721fd5b545267bd\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transactions-march-2021\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/transactions-march-2021\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transactions-march-2021\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Transactions.-410-10th-Avenue.-Image-courtesy-of-SL-Green-Realty.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Transactions.-410-10th-Avenue.-Image-courtesy-of-SL-Green-Realty.jpg\",\"width\":800,\"height\":600,\"caption\":\"410 10th Avenue. Image courtesy of SL Green Realty\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transactions-march-2021\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Transactions: March 2021\"}]},{\"@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\/3125b02e798a1337e721fd5b545267bd\",\"name\":\"CPE\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1a70605a837469469ade6ee41c46a12ed05b8b34018ce61d35c8fad91678caf7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1a70605a837469469ade6ee41c46a12ed05b8b34018ce61d35c8fad91678caf7?s=96&d=mm&r=g\",\"caption\":\"CPE\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/cpeuser\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Transactions: March 2021 - 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\/transactions-march-2021\/","og_locale":"en_US","og_type":"article","og_title":"Transactions: March 2021","og_description":"A selection of noteworthy deals announced between November 1, 2020 to January 15, 2021.","og_url":"https:\/\/www.commercialsearch.com\/news\/transactions-march-2021\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2021-03-04T21:59:32+00:00","article_modified_time":"2022-08-03T10:30:06+00:00","og_image":[{"width":800,"height":600,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Transactions.-410-10th-Avenue.-Image-courtesy-of-SL-Green-Realty.jpg","type":"image\/jpeg"}],"author":"CPE","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/transactions-march-2021\/","url":"https:\/\/www.commercialsearch.com\/news\/transactions-march-2021\/","name":"Transactions: March 2021 - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/transactions-march-2021\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/transactions-march-2021\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Transactions.-410-10th-Avenue.-Image-courtesy-of-SL-Green-Realty.jpg","datePublished":"2021-03-04T21:59:32+00:00","dateModified":"2022-08-03T10:30:06+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/3125b02e798a1337e721fd5b545267bd"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/transactions-march-2021\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/transactions-march-2021\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/transactions-march-2021\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Transactions.-410-10th-Avenue.-Image-courtesy-of-SL-Green-Realty.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Transactions.-410-10th-Avenue.-Image-courtesy-of-SL-Green-Realty.jpg","width":800,"height":600,"caption":"410 10th Avenue. Image courtesy of SL Green Realty"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/transactions-march-2021\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Transactions: March 2021"}]},{"@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\/3125b02e798a1337e721fd5b545267bd","name":"CPE","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1a70605a837469469ade6ee41c46a12ed05b8b34018ce61d35c8fad91678caf7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1a70605a837469469ade6ee41c46a12ed05b8b34018ce61d35c8fad91678caf7?s=96&d=mm&r=g","caption":"CPE"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/cpeuser\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Transactions.-410-10th-Avenue.-Image-courtesy-of-SL-Green-Realty.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004513659","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\/1309"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004513659"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004513659\/revisions"}],"predecessor-version":[{"id":1004595109,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004513659\/revisions\/1004595109"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004529264"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004513659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004513659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004513659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}