Transactions reported this week included the sale of two offices.
A venture of Beacon Capital Partners and Allianz paid $850 million for 53 State Street in Boston. UBS Realty Investors is the seller of the 40-story, 1.3 million-square-foot office building.
Lexington Realty Trust disposed of a 21-office asset portfolio for $726 million to a joint venture between affiliates of Davidson Kempner Capital Management and Lexington.
| Buyer |
Seller |
Property name |
Location |
Size |
Price per size |
Price (m) |
| APARTMENTSÂ |
|
|
|
|
|
|
| The Carlyle Group |
Property Markets Group/Hakim Organization / Howard Lorber's New Valley |
1 QPS Tower |
Queens, NY |
391 units |
$726,342.71 |
$284.00 |
| Harbor Group International |
Toll Brothers /Lowe Enterprises |
Dulles Greene |
Herndon, VA |
806 units |
$239,454.09 |
$193.00 |
| Not disclosed |
Starpoint Properties |
Two-Property Portfolio |
Multi-city |
491 units |
$248,472.51 |
$122.00 |
| Ares Management |
Frank Palazzolo |
Ridgeview Apartments / 32 Nob Hill Dr |
Elmsford, NY |
418 units |
$241,698.56 |
$101.03 |
| The Korda Group |
Stockbridge Capital Group/CNS Focused Investment |
Trails at San Dimas / 444 N. Amelia Ave. |
San Dimas, CA |
288 units |
$272,569.44 |
$78.50 |
| JLL Capital Markets |
Holland Partner Group |
Aspect / 10400 Park Meadows Dr. |
Lone Tree, CO |
230 units |
$269,565.22 |
$62.00 |
| Kennedy Wilson |
Not Disclosed |
Rosegate Draper |
Draper, UT |
277 units |
$185,379.06 |
$51.35 |
| Not disclosed |
Marc Gelman |
Grandon Village / 1607 Grandon Ave. |
San Marcos, CA |
161 units |
$187,577.64 |
$30.20 |
| HOTELS |
|
|
|
|
|
|
| MGM Resorts International/Infinity World Development Corp |
CityCenter Holdings |
Mandarin Oriental Las Vegas |
Las Vegas, NV |
392 rooms |
$545,918.37 |
$214.00 |
| SCG Hospitality |
RLJ Lodging Trust |
Vinoy Renaissance Hotel |
St. Petersburg, FL |
362 rooms |
$520,718.23 |
$188.50 |
| Xenia Hotels & Resorts |
Not disclosed |
The Ritz-Carlton |
Denver, CO |
200 rooms |
$501,250.00 |
$100.25 |
| GEM Real Estate |
Not disclosed |
Kimpton Palladian Hotel |
Seatlle, WA |
97 rooms |
$432,989.69 |
$42.00 |
| INDUSTRIALÂ |
|
|
|
|
|
|
| Exeter Property Group |
Adler Real Estate Partners |
20-Property Portfolio |
Multi-city |
1,250,000 sf |
$118.40 |
$148.00 |
| CBRE Global Investors Acquisitions |
JLL Capital Markets |
Southwest Industrial Center / 7775 West Buckeye Rd |
Phoenix, AZ |
684,400 sf |
$70.86 |
$48.50 |
| Nearon Enterprises |
Massie & Co. |
3-Property Portfolio |
Sacramento, CA |
518,000 sf |
$65.64 |
$34.00 |
| OFFICEÂ |
|
|
|
|
|
|
| Beacon Capital Partners/Allianz |
UBS Realty Investors |
53 State St. |
Boston, MA |
1,300,000 sf |
$653.85 |
$850.00 |
| Davidson Kempner Capital Management/Lexington Realty Trust |
Lexington Realty Trust |
21-Property Portfolio |
Multi-city |
3,800,000 sf |
$191.05 |
$726.00 |
| CommonWealth Partners |
Tishman Speyer |
Pier 4 |
Boston, MA |
372,372 sf |
$1,208.47 |
$450.00 |
| DivcoWest/California State Teachers Retirement System |
Vanbarton Group |
301 Howard St. |
San Francisco, CA |
319,000 sf |
$918.50 |
$293.00 |
| CoreCivic |
Not disclosed |
6100 Wabash Ave. |
Baltimore, MD |
540,566 sf |
$447.68 |
$242.00 |
| Northwestern Mutual Life Insurance Co./NKF Capital Markets |
TH Real Estate |
Castro Station |
Mountain View, CA |
114,809 sf |
$1,565.21 |
$179.70 |
| KKR |
TMG Partners |
1330 Broadway |
Oakland, CA |
320,000 sf |
$541.41 |
$173.25 |
| Rubenstein Partners |
GlenStar Properties |
Continental Towers |
Rolling Meadows, IL |
910,796 sf |
$133.40 |
$121.50 |
| Goldman Sachs Group |
Ocean West Capital Partners/Westbrook Partners |
Westwood Terrace / 1640 S. Sepulveda Blvd. |
Westwood, CA |
165,000 sf |
$563.64 |
$93.00 |
| Zurich Alternative Asset Management |
Beacon Partners |
500 East Morehead |
Charlotte, NC |
178,336 sf |
$496.25 |
$88.50 |
| Hilco Real Estate |
Rubenstein Partners |
CenterPoint |
Waltham, MA |
440,000 sf |
$195.45 |
$86.00 |
| The Brookdale Group |
Aegon Asset Management |
WestChase Office Park |
Raleigh, NC |
312,544 sf |
$180.23 |
$56.33 |
| The Howard Hughes Corp. |
Not disclosed |
2-Property Portfolio |
Woodlands, TX |
257,025 sf |
$206.21 |
$53.00 |
| RETAILÂ |
|
|
|
|
|
|
| TH Real Estate |
Brookfield Property Partners |
Three-property portfolio |
Multi-city |
4,700,000 sf |
$151.91 |
$714.00 |
| Moinian Group |
SL Green Realty Corp. |
3 Columbus Circle |
New York City, NY |
753,000 sf |
$296.15 |
$223.00 |
| APF Properties |
Tishman Speyer |
183 Madison Ave. |
New York, NY |
272,000 sf |
$818.01 |
$222.50 |
| Sterling Organization |
Not Disclosed |
North Ranch Gateway |
Westlake Village, CA |
86,520 sf |
$404.53 |
$35.00 |
| Not disclosed |
Inland Private Capital Corp. |
Mariano?s Fresh Market |
Arlington Heights, IL |
66,393 sf |
$384.08 |
$25.50 |
