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Transactions - JUNE 21, 2013

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Recent commercial real estate transactions

by Andrea Waitrovich

Below is a sampling of recent property transactions tracked by Real Capital Analytics (RCA). The largest completed transactions included office properties in Los Angeles and Metairie, La. 

In downtown Los Angeles, MPG Office Trust has sold the 1.4 million-square-foot U.S. Bank Tower and Westlawn Garage to an affiliate of Overseas Union Enterprise Ltd. The purchase price is $367.5 million.

Feil Organization purchased the 1.1 million-square-foot office property Lakeway Center, located Metairie, a submarket of New Orleans, from The Blackstone Group for $150 million.

 

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