Recent commercial real estate transactions
Transactions reported this week included the sale of an office in San Francisco.
The $69.8 billion State Teachers Retirement System of Ohio plans to sell a San Francisco office building for $473 million. And in Boston, Senior Housing Properties Trust has formed a joint venture with a sovereign institutional investor to own 11 Fan Pier and 50 Northern Ave.
Also this week, IREN reported the smaller deal of Hamburg-based Union Investment acquiring the Hilton Garden Inn hotel in downtown Seattle for $90 million, marking the company’s first hotel acquisition on the West Coast.
In other transaction news, Anbang Insurance Group has been reported to have dropped ou