{"id":1004558355,"date":"2021-11-30T07:33:19","date_gmt":"2021-11-30T15:33:19","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004558355"},"modified":"2022-12-08T15:54:45","modified_gmt":"2022-12-08T23:54:45","slug":"transaction-highlights-december-2021","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-december-2021\/","title":{"rendered":"Transaction Highlights: December 2021"},"content":{"rendered":"
\"\"<\/a>

Googleplex. Image courtesy of COOKFOX Architects via Google<\/p><\/div>\n\n\n

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

SALES<\/h3>\n\n\n
Property<\/strong><\/td>Asset Type<\/strong><\/td>Location<\/strong><\/td>Buyer<\/strong><\/td>Seller<\/strong><\/td>Notes \/ Arranged By<\/strong><\/td>Value<\/strong><\/td>Date Announced<\/strong><\/td><\/tr>
Googleplex<\/td>Office<\/td>Manhattan<\/td>Google<\/td>Oxford Properties Group<\/td>–<\/td>$2.1 Billion<\/td>1-October<\/td><\/tr>
West 8th<\/td>Office<\/td>Seattle<\/td>Kilroy Realty<\/td>DWS<\/td>–<\/td>$490 Million<\/td>20-August<\/td><\/tr>
Cupertino Office Portfolio<\/td>Office<\/td>Cupertino, Calif.<\/td>Apple<\/td>Berg & Berg Enterprises<\/td>–<\/td>$450 Million<\/td>24-September<\/td><\/tr>
The Alexandria Center<\/td>Office<\/td>Seattle<\/td>Clarion Partners<\/td>Alexandria Real Estate Equities<\/td>Newmark arranged the transaction.<\/td>$364 Million<\/td>22-September <\/td><\/tr>
Logan North Industrial Park – Building H<\/td> Industrial <\/td>Logan Township, N.J.<\/td>Torchlight Investors<\/td>Greek Development<\/td>–<\/td>$265 Million<\/td>30-September<\/td><\/tr>
500 L’Enfant Plaza<\/td> Office<\/td>Washington, D.C.<\/td>Deka Immobilien<\/td>JBG Cos.<\/td>Deutsche Bank provided financing.<\/td>$167 Million<\/td>22-September<\/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>
4 World Trade Center<\/td>Office<\/td>Manhattan<\/td>Refinancinge<\/td>Port Authority of New York & New Jersey<\/td>–<\/td>Silverstein Properties<\/td>$1.4 Billion<\/td>8-October<\/td><\/tr>
Fifty South Sixth<\/td> Office<\/td>Minneapolis, Minn.<\/td>Refinancing<\/td>OCBC Bank<\/td>–<\/td>Mapletree US Management<\/td>$845 Million<\/td>20-September<\/td><\/tr>
Boston Seaport<\/td> Office <\/td>Boston<\/td>Construction<\/td>Citizens Financial Group<\/td>–<\/td>WS Development<\/td>$575 Million<\/td>22-September<\/td><\/tr>
UBS Tower<\/td> Office<\/td>Chicago<\/td> Refinancing <\/td>Bank of America<\/td>–<\/td>Irvine Co.<\/td>$353 Million<\/td>23-September<\/td><\/tr>
Neuhoff<\/td> Office <\/td>Nashville, Tenn.<\/td>Construction<\/td>Bank OZK<\/td>–<\/td>New City Properties<\/td>$313 Million<\/td>5-October<\/td><\/tr>
Alliance Gateway Portfolio<\/td> Industrial <\/td>Fort Worth, Texas<\/td>Refinancinge<\/td>Prudential Finance<\/td>–<\/td>Hillwood<\/td>$203 Million<\/td> 5-October<\/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 December 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":1004558356,"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-1004558355","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital","category-finance"],"acf":[],"yoast_head":"\nTransaction Highlights: December 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\/transaction-highlights-december-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transaction Highlights: December 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\/transaction-highlights-december-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=\"2021-11-30T15:33:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T23:54:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Transactions-Googleplex.-Image-courtesy-of-COOKFOX-Architects-via-Google.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"887\" \/>\n\t<meta property=\"og:image:height\" content=\"665\" \/>\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\/transaction-highlights-december-2021\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-december-2021\/\",\"name\":\"Transaction Highlights: December 2021 - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-december-2021\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-december-2021\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Transactions-Googleplex.-Image-courtesy-of-COOKFOX-Architects-via-Google.jpg\",\"datePublished\":\"2021-11-30T15:33:19+00:00\",\"dateModified\":\"2022-12-08T23:54:45+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-december-2021\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-december-2021\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-december-2021\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Transactions-Googleplex.-Image-courtesy-of-COOKFOX-Architects-via-Google.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Transactions-Googleplex.-Image-courtesy-of-COOKFOX-Architects-via-Google.jpg\",\"width\":887,\"height\":665,\"caption\":\"Googleplex. 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