{"id":1004586177,"date":"2022-06-30T04:35:50","date_gmt":"2022-06-30T12:35:50","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004586177"},"modified":"2022-12-08T08:51:28","modified_gmt":"2022-12-08T16:51:28","slug":"transaction-highlights-july-2022","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-july-2022\/","title":{"rendered":"Transaction Highlights: July 2022"},"content":{"rendered":"
\"\"<\/a>

Madison Centre 2. Image courtesy of Barings and Schnitzer West<\/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>
Madison Centre<\/td>Office<\/td>Seattle<\/td>Boston Properties<\/td>Schnitzer West, Barings<\/td>Newmark arranged the transaction.<\/td>$730 Million<\/td>17-May<\/td><\/tr>
550 Terry Francois<\/td>Office<\/td>San Francisco<\/td>DivcoWest<\/td>Gap<\/td>–<\/td>$356 Million<\/td>4-May<\/td><\/tr>
Brooklyn Logistics Center<\/td>Industrial<\/td>Brooklyn, N.Y.<\/td>CBRE Investment Management<\/td>Wildflower<\/td>–<\/td>$228 Million<\/td>26-April <\/td><\/tr>
1101 Westlake<\/td>Office<\/td>Seattle<\/td>BioMed Realty<\/td>Invesco Real Estate<\/td>Newmark facilitated the deal.<\/td>$152 Million<\/td>29-April<\/td><\/tr>
Middlebrook Crossroads<\/td>Industrial<\/td>Bound Brook, N.J.<\/td>Starwood Capital Group<\/td>Terreno Realty<\/td>–<\/td>$110 Million<\/td>2-May<\/td><\/tr>
9151 East Panorama Circle<\/td>Office<\/td>Centennial, Colo.<\/td>Drawbridge Realty Trust<\/td>Warba Bank<\/td>–<\/td>$106 Million<\/td>18-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>
A 20-property Portfolio<\/td>Industrial<\/td>National<\/td>Refinance<\/td>Morgan Stanley<\/td>–<\/td>Brookfield Properties<\/td>$566 Million<\/td>4-May<\/td><\/tr>
CURE.<\/td>Office<\/td>New York, N.Y.<\/td>Refinance<\/td>AIG<\/td>–<\/td>Deerfield<\/td>$440 Million<\/td>25-April <\/td><\/tr>
Bell Works<\/td>Office <\/td>Holmdel, N.J.<\/td>Refinance<\/td>Citibank<\/td>Meridian Capital Group<\/td>Somerset Development<\/td>$210 Million<\/td>20-April<\/td><\/tr>
Foundry at Drydock<\/td>Office <\/td>Boston<\/td>Construction<\/td>Citizens Bank National Association<\/td>JLL<\/td>Marcus Partners<\/td>$194 Million<\/td>25-April<\/td><\/tr>
Market Station<\/td>Office <\/td>Denver<\/td>Refinance<\/td>Pacific Life Insurance Co.<\/td>JLL<\/td>Continuum Partners, Clarion Partners<\/td>$130 Million<\/td>12-May<\/td><\/tr>
Lexington Corporate Center<\/td>Office<\/td>Lexington, Mass.<\/td>Refinance<\/td>ACORE Capital<\/td>–<\/td>Singerman Real Estate<\/td>$119 Million<\/td>25-April<\/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 July 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":1004586181,"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-1004586177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital","category-finance"],"acf":[],"yoast_head":"\nTransaction Highlights: July 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-july-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transaction Highlights: July 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-july-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=\"2022-06-30T12:35:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T16:51:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Madison-Centre-2-Image-courtesy-of-Barings-and-Schnitzer-West.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1050\" \/>\n\t<meta property=\"og:image:height\" content=\"788\" \/>\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-july-2022\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-july-2022\/\",\"name\":\"Transaction Highlights: July 2022 - 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