Transactions - MAY 6, 2016

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Recent commercial real estate transactions

by Andrea Waitrovich

Below is a sampling of recent property transactions tracked by Real Capital Analytics. The largest transactions were a hotel in Manhattan and an office property in Boston.

In Manhattan, the 369-room Sheraton Tribeca New York Hotel was purchased by Ascott Residence Trust. for $158 million. The sellers were Magna Hospitality Group and Greenfield Partners.

And The Blackstone Group sold the Fiduciary Trust Co. Building at 175 Federal St. in Boston to Deka-Immobilien Global for $139 million.



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