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Recent commercial real estate transactions

by Andrea Waitrovich

Transactions reported this week included the sale of an office in Philadelphia and an industrial portfolio.

CBRE Capital Markets arranged the sale of Centre Square, a two-building, 1.8 million-square-foot, class A, multi-tenant office complex in Philadelphia, to an affiliate of Nightingale Properties. The seller was Equity Commonwealth. Price?

And TA Associates Realty, on behalf of The Realty Associates Fund VIII and The Realty Associates Fund X, sold a 2.8 million-square-foot, 20-property industrial portfolio to Colony NorthStar for $201 million.

 

Buyer Seller Property Name

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