{"id":1004546579,"date":"2021-08-11T21:43:19","date_gmt":"2021-08-12T05:43:19","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004546579"},"modified":"2022-12-08T12:47:59","modified_gmt":"2022-12-08T20:47:59","slug":"transactions-july-august-2021","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/transactions-july-august-2021\/","title":{"rendered":"Transactions: July-August 2021"},"content":{"rendered":"
\"\"<\/a>

CityPlace Tower<\/p><\/div>\n\n\n

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

SALES<\/h3>\n\n\n
Property<\/td>Asset Type<\/td>Location<\/td>Buyer<\/td>Seller<\/td>Notes\/Arranged By<\/td>Value<\/td>Date Announced<\/td><\/tr>
5600 East Airport Drive<\/td>Industrial<\/td>Ontario, Calif.<\/td>Costco Wholesale<\/td>CenterPoint Properties<\/td><\/td>$345 Million<\/td>6-May<\/td><\/tr>
Government Office Portfolio (3 Properties)<\/td>Office<\/td>Baltimore; Tallahassee, Fla.; Miami, Ohio<\/td>NGP Group<\/td>CoreCivic<\/td><\/td>$326 Million<\/td>28-May<\/td><\/tr>
CoverMyMeds Headquarters<\/td>Office<\/td>Columbus, Ohio<\/td>Qatar First Bank<\/td>Cambridge<\/td>Morgan Stanley provided financing.<\/td>$240 Million<\/td>17-May<\/td><\/tr>
The Spring District – Block 24<\/td>Office<\/td>Bellevue, Wash.<\/td>Brookfield Properties<\/td>Shorenstein Properties, Wright Runstad & Co., JPMorgan Global Alternatives<\/td>Eastdil Secured represented the seller.<\/td>$200 Million<\/td>26-May<\/td><\/tr>
CityPlace Tower<\/td>Office<\/td>West Palm Beach, Fla.<\/td>Related Cos.<\/td>W. R. Berkley<\/td><\/td>$175 Million<\/td>21-May<\/td><\/tr>
2001 DC Station<\/td>Office<\/td>Daly City, Calif.<\/td>Phase 3 Real Estate Partners<\/td>Harvest Properties, Cerberus Capital<\/td><\/td>$169 Million<\/td>7-May<\/td><\/tr>
Sobrato Office Tower<\/td>Office<\/td>San Jose, Calif.<\/td>Lane Partners<\/td>Oracle<\/td>Blackstone Mortgage Trust provided financing.<\/td>$155 Million<\/td>20-May<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n

FINANCING<\/h3>\n\n\n
Property<\/strong><\/td>Asset Type<\/strong><\/td>Location<\/strong><\/td>Type of Financing<\/strong><\/td>Lender<\/strong><\/td>Arranged By<\/strong><\/td>Borrower \/ Notes<\/strong><\/td>Amount<\/strong><\/td>Date Announced<\/strong><\/td><\/tr>
555 California Street<\/td>Office<\/td>San Francisco<\/td>Refinance<\/td>JPMorgan Chase<\/td><\/td>Vornado Realty Trust, Trump Organization<\/td>$1.2 Billion<\/td>11-May<\/td><\/tr>
114 West 47th Street & 1133 Avenue of the Americas<\/td>Office<\/td>Manhattan<\/td>CMBS<\/td>Citibank (trustee)<\/td><\/td>The Durst Organization<\/td>$1.1 Billion<\/td>11-May<\/td><\/tr>
Nationwide Industrial Portfolio (86 Properties)<\/td>Industrial<\/td>Nationwide<\/td>CMBS<\/td>Goldman Sachs, Bank of America<\/td><\/td>TPG<\/td>$500 Million<\/td>19-May<\/td><\/tr>
AT&T Office Portfolio<\/td>Office<\/td>Nationwide<\/td>Acquisition<\/td>UMB Bank<\/td><\/td>Reign Capital<\/td>$347 Million<\/td>28-May<\/td><\/tr>
Nationwide Industrial Portfolio (18 Properties)<\/td>Industrial<\/td>Nationwide<\/td>Refinance<\/td>Prudential Financial<\/td><\/td>Brookfield Properties<\/td>$286 Million<\/td>27-May<\/td><\/tr>
141 Willoughby Street<\/td>Office<\/td>Brooklyn<\/td>Construction<\/td>Allianz<\/td><\/td>Savanna<\/td>$264 Million<\/td>11-May<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n

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

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

A coast-to-coast roundup of noteworthy office and industrial deals.<\/p>\n","protected":false},"author":1269,"featured_media":1004541642,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1521,21825],"tags":[],"class_list":["post-1004546579","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital","category-finance"],"acf":[],"yoast_head":"\nTransactions: July-August 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-july-august-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transactions: July-August 2021\" \/>\n<meta property=\"og:description\" content=\"A coast-to-coast roundup of noteworthy office and industrial deals.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/transactions-july-august-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=\"2021-08-12T05:43:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T20:47:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/06\/CityPlace-Tower.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transactions-july-august-2021\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/transactions-july-august-2021\/\",\"name\":\"Transactions: July-August 2021 - 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