Transactions - FEBRUARY 28, 2014

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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. The largest completed transactions include an office property in Washington, D.C., and a hotel building in Chicago.

Tishman Speyer has sold 1110 Vermont Ave. NW, a 12-story office building in Washington, D.C., to Epic UK for $162.5 million. The 306,600-square-foot building is about four blocks from the White House. It is now 96 percent leased to a range of tenants including Young & Rubicam, Comcast Corp. and Turner Construction Co.

In Chicago, Ashford Hospitality Prime bought the Sofitel Chicago Water Tower, a 415-room hotel, for $153 million. The seller is The Blackstone Group.

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