{"id":1004581272,"date":"2022-05-31T11:38:40","date_gmt":"2022-05-31T19:38:40","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004581272"},"modified":"2022-12-08T09:51:43","modified_gmt":"2022-12-08T17:51:43","slug":"transaction-highlights-june-2022","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-june-2022\/","title":{"rendered":"Transaction Highlights: June 2022"},"content":{"rendered":"
\"\"<\/a>

10 World Trade. Image courtesy of JLL Capital Markets<\/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>
One Culver<\/td>Office<\/td>Culver City, Calif.<\/td>EQ Office<\/td>LBA Realty<\/td>–<\/td>$426 Million<\/td>25-March<\/td><\/tr>
Universal Building South & North<\/td>Office<\/td>Washington, D.C.<\/td>Post Brothers<\/td>JBG SMITH<\/td>–<\/td>$204 Million<\/td>8-April<\/td><\/tr>
Academy Sports + Outdoors Corporate Distribution Center<\/td>Industrial<\/td>Katy, Texas<\/td>Mirae Asset Financial Group<\/td>Tratt Properties<\/td>Newmark arranged the transaction.<\/td>$190 Million<\/td>14-April <\/td><\/tr>
UBS Tower<\/td>Office<\/td>Nashville, Tenn.<\/td>KBS Realty Advisors<\/td>Shorenstein<\/td>Cushman & Wakefield represented the seller.<\/td>$175 Million<\/td>8-April<\/td><\/tr>
2550 M Street NW<\/td>Office<\/td>Washington, D.C.<\/td>Nome Ventures<\/td>Menlo Equities<\/td>–<\/td>$153 Million<\/td>31-March<\/td><\/tr>
Spectrum Center<\/td>Office<\/td>Addison, Texas<\/td>Acram Group, Oak Hill Advisors<\/td>Granite Properties<\/td>JLL Capital Markets facilitated the deal.<\/td>$114 Million<\/td>1-April <\/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>
Manhattan Portfolio<\/td>Office <\/td>New York, N.Y.<\/td>Acquisition<\/td>Guggenheim Life and Annuity Co.<\/td>–<\/td>Extell Development<\/td>$850 Million<\/td>29-March<\/td><\/tr>
1540 Broadway<\/td>Office<\/td>New York, N.Y.<\/td>Refinance<\/td>MSD Capital<\/td>Newmark<\/td>EDGE Fund Advisors, HSBC<\/td>$590 Million<\/td>4-April <\/td><\/tr>
10 World Trade<\/td>Office <\/td>Boston<\/td>Construction<\/td>AIG<\/td>JLL Capital Markets<\/td>Boston Global Investors<\/td>$383 Million<\/td>29-March<\/td><\/tr>
23Springs<\/td>Office <\/td>Dallas, Texas<\/td>Construction<\/td>Bank OZK<\/td>JLL Capital Markets<\/td>Granite Properties<\/td>$265 Million<\/td>1-April <\/td><\/tr>
MOB portfolio<\/td>Office <\/td>National<\/td>Acquisition<\/td>Capital One<\/td>–<\/td>Anchor Health Properties<\/td>$200 Million<\/td>1-April<\/td><\/tr>
Seattle Portfolio<\/td>Industrial<\/td>Seattle and Puyallup, Wash.<\/td>Refinance<\/td>U.S. Bank<\/td>–<\/td>Brookfield Properties<\/td>$154 Million<\/td>31-March<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n

To have your transaction featured, submit details to Agota Felhazi at agota.felhazi@yardi.com<\/a>.<\/em><\/p>\n

Read the June 2022 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":1004581273,"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-1004581272","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital","category-finance"],"acf":[],"yoast_head":"\nTransaction Highlights: June 2022 - 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-june-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transaction Highlights: June 2022\" \/>\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-june-2022\/\" \/>\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=\"2022-05-31T19:38:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T17:51:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/CPE-Transactions-10-World-Trade.-Image-courtesy-of-JLL-Capital-Markets.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\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-june-2022\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-june-2022\/\",\"name\":\"Transaction Highlights: June 2022 - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-june-2022\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-june-2022\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/CPE-Transactions-10-World-Trade.-Image-courtesy-of-JLL-Capital-Markets.jpg\",\"datePublished\":\"2022-05-31T19:38:40+00:00\",\"dateModified\":\"2022-12-08T17:51:43+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-june-2022\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-june-2022\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-june-2022\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/CPE-Transactions-10-World-Trade.-Image-courtesy-of-JLL-Capital-Markets.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/CPE-Transactions-10-World-Trade.-Image-courtesy-of-JLL-Capital-Markets.jpg\",\"width\":1200,\"height\":900,\"caption\":\"Transactions\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-june-2022\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Transaction Highlights: June 2022\"}]},{\"@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\/1b82b91678533ae5d40e3240086a42bb\",\"name\":\"the Editors of Commercial Property Executive\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g\",\"caption\":\"the Editors of Commercial Property Executive\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/theeditorsofcommercialpropertyexecutive\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Transaction Highlights: June 2022 - 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\/transaction-highlights-june-2022\/","og_locale":"en_US","og_type":"article","og_title":"Transaction Highlights: June 2022","og_description":"A coast-to-coast roundup of noteworthy office and industrial deals.","og_url":"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-june-2022\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2022-05-31T19:38:40+00:00","article_modified_time":"2022-12-08T17:51:43+00:00","og_image":[{"width":1200,"height":900,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/CPE-Transactions-10-World-Trade.-Image-courtesy-of-JLL-Capital-Markets.jpg","type":"image\/jpeg"}],"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":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-june-2022\/","url":"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-june-2022\/","name":"Transaction Highlights: June 2022 - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-june-2022\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-june-2022\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/CPE-Transactions-10-World-Trade.-Image-courtesy-of-JLL-Capital-Markets.jpg","datePublished":"2022-05-31T19:38:40+00:00","dateModified":"2022-12-08T17:51:43+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-june-2022\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/transaction-highlights-june-2022\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-june-2022\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/CPE-Transactions-10-World-Trade.-Image-courtesy-of-JLL-Capital-Markets.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/CPE-Transactions-10-World-Trade.-Image-courtesy-of-JLL-Capital-Markets.jpg","width":1200,"height":900,"caption":"Transactions"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-june-2022\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Transaction Highlights: June 2022"}]},{"@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\/1b82b91678533ae5d40e3240086a42bb","name":"the Editors of Commercial Property Executive","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g","caption":"the Editors of Commercial Property Executive"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/theeditorsofcommercialpropertyexecutive\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/CPE-Transactions-10-World-Trade.-Image-courtesy-of-JLL-Capital-Markets.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004581272","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\/1269"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004581272"}],"version-history":[{"count":10,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004581272\/revisions"}],"predecessor-version":[{"id":1004585886,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004581272\/revisions\/1004585886"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004581273"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004581272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004581272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004581272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}