{"id":1004632656,"date":"2022-11-30T15:27:15","date_gmt":"2022-11-30T23:27:15","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004632656"},"modified":"2022-12-09T02:36:09","modified_gmt":"2022-12-09T10:36:09","slug":"transaction-highlights-december-2022","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-december-2022\/","title":{"rendered":"Transaction Highlights: December 2022"},"content":{"rendered":"<div id=\"attachment_1004632657\" style=\"width: 1028px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004632657\" data-attachment-id=\"1004632657\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/transaction-highlights-december-2022\/cpe-transactions-kearny-mesa-logistics-center-image-courtesy-of-newmark\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/CPE-Transactions-Kearny-Mesa-Logistics-Center-image-courtesy-of-Newmark.png\" data-orig-size=\"1018,763\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"CPE Transactions Kearny Mesa Logistics Center image courtesy of Newmark\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Transactions&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/CPE-Transactions-Kearny-Mesa-Logistics-Center-image-courtesy-of-Newmark.png?w=1018\" class=\"size-full wp-image-1004632657\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/CPE-Transactions-Kearny-Mesa-Logistics-Center-image-courtesy-of-Newmark.png\" alt=\"\" width=\"1018\" height=\"763\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/CPE-Transactions-Kearny-Mesa-Logistics-Center-image-courtesy-of-Newmark.png 1018w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/CPE-Transactions-Kearny-Mesa-Logistics-Center-image-courtesy-of-Newmark.png?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/CPE-Transactions-Kearny-Mesa-Logistics-Center-image-courtesy-of-Newmark.png?resize=768,576 768w\" sizes=\"auto, (max-width: 1018px) 100vw, 1018px\" \/><p id=\"caption-attachment-1004632657\" class=\"wp-caption-text\">Kearny Mesa Logistics Center. Image courtesy of Newmark<\/p><\/div>\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background wp-element-button\" href=\"https:\/\/mydigitalpublication.com\/publication\/?i=770461\" style=\"background-color:#00aeab\" target=\"_blank\" rel=\"noreferrer noopener\">READ THE DIGEST<\/a><\/div>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-sales\">SALES<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><tbody><tr><td><strong>Property<\/strong><\/td><td><strong>Asset Type<\/strong><\/td><td><strong>Location<\/strong><\/td><td><strong>Buyer<\/strong><\/td><td><strong>Seller<\/strong><\/td><td><strong>Notes\/Arranged By<\/strong><\/td><td><strong>Value<\/strong><\/td><td><strong>Date Announced<\/strong><\/td><\/tr><tr><td>245 Park Ave.<\/td><td>Office<\/td><td>New York, N.Y.<\/td><td>SL Green Realty<\/td><td>HNA Group<\/td><td>&nbsp;&#8211;<\/td><td>$1,770 Million<\/td><td>27-Sep<\/td><\/tr><tr><td>101 Hudson St.<\/td><td>Office<\/td><td>Jersey City, N.J.<\/td><td>The Birch Group<\/td><td>Veris Residential<\/td><td>&nbsp;&#8211;<\/td><td>$346 Million<\/td><td>13-Oct<\/td><\/tr><tr><td>175 Water St.<\/td><td>Office<\/td><td>New York, N.Y.<\/td><td>Dart Real Estate<\/td><td>MetroLoft Management<\/td><td>&nbsp;&#8211;<\/td><td>$252 Million<\/td><td>13-Oct<\/td><\/tr><tr><td>Allstate Plaza North &amp; South<\/td><td>Office<\/td><td>Northbrook, Ill.<\/td><td>Dermody Properties<\/td><td>Allstate Investments<\/td><td>&nbsp;&#8211;<\/td><td>$232 Million<\/td><td>19-Oct<\/td><\/tr><tr><td>Chevron Park<\/td><td>Office<\/td><td>San Ramon, Calif.<\/td><td>Sunset Development Co.<\/td><td>Chevron<\/td><td>&nbsp;&#8211;<\/td><td>$175 Million<\/td><td>28-Sep<\/td><\/tr><tr><td>Kearny Mesa Logistics Center<\/td><td>Industrial<\/td><td>San Diego, Calif.<\/td><td>Terra Enterprises<\/td><td>Lincoln Property Co.<\/td><td>Newmark arranged the deal.<\/td><td>$162 Million<\/td><td>27-Sep<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-financing\">FINANCING<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><tbody><tr><td><strong>Property<\/strong><\/td><td><strong>Asset Type<\/strong><\/td><td><strong>Location<\/strong><\/td><td><strong>Type of Financing<\/strong><\/td><td><strong>Lender<\/strong><\/td><td><strong>Arranged By<\/strong><\/td><td><strong>Borrower \/ Notes<\/strong><\/td><td><strong>Amount<\/strong><\/td><td><strong>Date Announced<\/strong><\/td><\/tr><tr><td>Center For Life Science<\/td><td>Office<\/td><td>Boston<\/td><td>Refinance<\/td><td>Computershare<\/td><td>&nbsp;&#8211;<\/td><td>BioMed Realty<\/td><td>$610 Million<\/td><td>4-Oct<\/td><\/tr><tr><td>One Flagler<\/td><td>Office<\/td><td>West Palm Beach, Fla.<\/td><td>Construction<\/td><td>MSD Capital<\/td><td>&nbsp;&#8211;<\/td><td>Related Cos.<\/td><td>$243 Million<\/td><td>3-Oct<\/td><\/tr><tr><td>One Five One<\/td><td>Office<\/td><td>New York, N.Y.<\/td><td>Refinance<\/td><td>JPMorgan Chase<\/td><td>&nbsp;&#8211;<\/td><td>The Durst Organization<\/td><td>$200 Million<\/td><td>28-Sep<\/td><\/tr><tr><td>World Financial Group Headquarters<\/td><td>Office<\/td><td>Duluth, Ga.<\/td><td>Refinance<\/td><td>Capital One<\/td><td>&nbsp;&#8211;<\/td><td>Anchor Health Properties<\/td><td>$200 Million<\/td><td>6-Oct<\/td><\/tr><tr><td>Tabor Center<\/td><td>Office<\/td><td>Denver<\/td><td>Refinance<\/td><td>AXA Equitable Life Insurance Co.<\/td><td>&nbsp;&#8211;<\/td><td>Beacon Capital Partners<\/td><td>$185 Million<\/td><td>29-Sep<\/td><\/tr><tr><td>Linden Portfolio<\/td><td>Industrial<\/td><td>Linden, N.J.<\/td><td>Refinance<\/td><td>Allianz<\/td><td>&nbsp;&#8211;<\/td><td>Modlo<\/td><td>$160 Million<\/td><td>4-Oct<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><em>To have your transaction featured, submit details to Agota Felhazi at <a href=\"mailto:agota.felhazi@yardi.com\">agota.felhazi@yardi.com<\/a>.<\/em><\/p>\n\n\n\n<p><em><a href=\"https:\/\/mydigitalpublication.com\/publication\/?i=770461\" target=\"_blank\" rel=\"noreferrer noopener\">Read the December 2022 issue of CPE.<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A coast-to-coast roundup of noteworthy office and industrial deals.<\/p>\n","protected":false},"author":1314,"featured_media":1004632657,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825],"tags":[],"class_list":["post-1004632656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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