SEPTEMBER 19, 2014

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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. The largest transactions were an office property in San Francisco and an apartment complex in New York City.

The office asset located at 50 Beale St. in San Francisco’s Financial District sold for $395 million to Paramount Group, marking the firm’s second acquisition in the market. The seller was a joint venture of Mitsubishi Estate New York and Rockefeller Group’s U.S. Premier Office Fund. 

And on the East Coast, Ashkenazy Acquisition Corp. has entered the New York City residential sector with the purchase of Avalon Chrystie Place

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