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Recent commercial real estate transactions
Transactions - MAY 12, 2017

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Recent commercial real estate transactions

by Andrea Waitrovich

Transactions reported this week included the sale of a hotel in Hawaii.

Germany-based Commerz Real acquired the Pacific Beach Hotel in Honolulu for its open-ended real estate fund hausInvest.

In Boston, Rockpoint Group purchased the office located at 100 High St. for $370 million from CBRE Global Investors. The 546,300-square-foot class A office asset was originally built in 1988 and features 28 floors. The first floor also includes a 6,500-square-foot retail component.

CBRE Global Investors acquired the office in 2014 for $282.5 million from Toronto-based Oxford Properties Group, the real estate arm of Ontario’s municipal employees pension plan.

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