SEPTEMBER 27, 2013

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Recent commercial real estate acquisitions

by Andrea Waitrovich

Below is a sampling of recent property transactions tracked by Real Capital Analytics (RCA). The largest completed transactions included office purchases by The Blackstone Group and Rockrose Development.

Equity Office Properties, a subsidiary of Blackstone, has bought Hughes Center, a portfolio of 10 office buildings in Las Vegas, for $347 million. The seller was Crescent Real Estate Equities. Equity Office made the purchase on behalf of Blackstone Real Estate Partners VII.

In Washington, D.C.’s CBD, Brookfield Office Properties sold 2000 L St. N.W., a 383,000-square-foot office building, to New York City–based Rockrose Development Corp. for $192 million.


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