Transactions - FEBRUARY 24, 2017

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Recent commercial real estate transactions

by Andrea Waitrovich

Below are this week’s transactions. The largest transactions involved office properties.

GIC, Singapore’s sovereign wealth fund, formed joint ventures with a group of investors including affiliates of Beacon Capital Partners to acquire more than 2.1 million square feet of office assets in the Washington, D.C., metro area totaling more than $1.05 billion in aggregate asset value.

In Houston, Parkway Inc. agreed to sell 49 percent of two class A office properties in Houston for $512.1 million.

And Tristar Capital paid $290.7 million to purchase Crossroads III

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