Market Spotlights

--07/23/14

Houston Office Properties

 


On the Market

Property

Seller

Hit
Market

SF
(000)

Estimated Value

Broker

($Mil.)

(Per SF)

600 Jefferson Street Brookfield Office Properties June 449 $70 $156 HFF
Kirkwood Tower Amstar, Frontier Equity May 286 57 199 HFF
1500 CityWest Boulevard MetroNational July 192 42 219 JLL
One & Two Corporate Plaza, Clear Lake Metro Properties April 276 35 127 Transwestern
Sam Houston Crossing 1 Duke Realty, Chambers Street July 159 33 208 HFF
Columbia Centre TA Associates April 167 30 180 JLL
Ashford 2&3 InSite Realty July 144 25 174 JLL


Recent Deals

Property

Buyer

Closed

SFf
(000)

Sales Price

Broker

($Mil.)

(Per SF)

3000 Post Oak Boulevard FG Asset Management (Pending) 441 $175 $395 HFF
Energy Crossing 1&2 Invesco Real Estate June 568 170 299 HFF
3040 Post Oak Boulevard MetLife Real Estate Investors (Pending) 425 130 306 HFF
Two Westlake Park Hicks Ventures (Pending) 455 130 286 HFF
3050 Post Oak Boulevard Sinopec May 337 100 297 (None)
5410-5420 West Loop South CHP Partners, CNL Healthcare June 227 76 335 Colliers International
Westchase Corporate Center (Unidentified) (Pending) 184 55 300 JLL
10333 Richmond Avenue Beacon Investment July 219 46 212 HFF
Bellevue (Unidentified) (Pending) 120 30 250 Easdtil Secured
Eight Greenspoint AllianceBernstein, Stream Realty May 202 30 149 JLL
1800 Bering Drive KBS Realty June 177 29 164 JLL

 

--07/16/14

Washington-Area Apartment Properties

 


On the Market

Property

Seller

Hit
Market

No. of
Apts.

Estimated Value

Broker

($Mil.)

(Per Apt.)

Northern Virginia portfolio Brookfield Asset Mgmt. June 2,175 $600 $276,000 Eastdil Secured
Elevation at Washington Gateway, Washington MRP Realty May 400 165 413,000 Eastdil Secured
M. Flats, Washington J.P. Morgan, Kettler May 233 112 481,000 HFF
Bainbridge River Oaks, Woodbridge, Va. Starwood, Bainbridge May 294 60 204,000 HFF
Watergate Village, Annapolis, Md. Bernstein Management May 608 95 156,000 CBRE
Fair Oaks, Fairfax, Va. Clarion Partners June 246 56 228,000 Apartment Realty Advisors
North Tract Lofts, Arlington, Va. BlackRock July 184 72 391,000 JLL
Colony at Kenilworth, Towson, Md. Aimco July 383 45 117,000 JLL


Recent Deals

Property

Buyer

Closed

No. of
Apts.

Sales Price

Broker

($Mil.)

(Per Apt.)

The Woodley, Washington TIAA-CREF June 212 $195 $920,000 HFF
Berkshires Harbor, Fort Washington, Md. Morgan Properties, Olayan May 606 87 144,000 CBRE
South Cathedral Mansions, Washington Oculus, CAS Riegler June 134 70 522,000 HFF
Berkshires Briarwood, Laurel, Md. Morgan Properties, Olayan May 330 43 130,000 CBRE
AXA Residences, Arlington, Va. Goldstar, Finmarc May 84 42 501,000 CBRE
Willowdale Crossings, Frederick, Md. BH Management May 432 41 95,000 Apartment Realty Advisors
Hunting Oaks, Laurel, Md. Morgan Properties, Olayan May 319 41 127,000 CBRE

 

--07/09/14

Manhattan Hotels

 


On the Market

Property

Seller

Hit
Market

No. of
Rooms.

Estimated Value

Broker

($Mil.)

(Per Rm.)

Hudson Hotel  Morgans Hotel Group (Pending) 866 $440 $508 (Not yet selected)
Sofitel Hotel   Whitehall Street, Accor, GEM April  398 300 754 Eastdil Secured
Holiday Inn Downtown McSam Hotel, Yiduo Investment May  493 225 456 CBRE
Fairfield Inn & Suites Midtown OTO Development March 239 125 523 Eastdil Secured 
Comfort Inn Manhattan (Unidentified) March 132 55 417 Cushman & Wakefield 


Recent Deals

Property

Buyer

Closed

No. of
Rooms

Sales Price

Broker

($Mil.)

(Per Rm.)

Standard High Line Standard International February 330 $400 $1,212 Eastdil Secured
Novotel Hotel Millennium & Copthorne Hotels June 480 266 554 (None)
InterContinental N.Y. Barclay (80% stake) Constellation Hotels  February 685 300 438 JLL
Mondrian Soho Sapir Organization, Gerard Guez June 270 205 759 (None)
Courtyard Times Square West Carey Watermark Investors May 224 95 424 (None)
Hilton Garden Inn Midtown East Hersha Hospitality June 205 85 416 (None)
Hotel 373 CPMC Holdings May 70 37 529 Solid Rock Advisors

Note: For the deal involving a stake, the sales price and number of rooms reflect the full value of the property.

--07/02/14

Texas Retail Properties

 


On the Market
Property Seller Hit
Market


SF
(000)

Estimated
Value
($Mil.) 
Broker
Market East Shopping Center, Mesquite (Unidentified) June 348 $70 CBRE
Copperfield Village Shopping Center, Houston Greenstreet Real Estate May 165 43 HFF
Springdale Shopping Center, Austin Velocis June 164 26 CBRE

Recent Deals
Property Buyer Closed SF
(000)
Value
($Mil.) 
Broker
Rim (17402 La Cantera Parkway), San Antonio Hines February 724 $177 Eastdil Secured
Shops at Highland Village, Highland Village AEW Capital March 378 113 Eastdil Secured
Westover Marketplace, San Antonio Inland Real Estate March 243 50 CBRE
Yale Street Market, Houston (Unidentified) (Pending) 114 43 HFF
Wood Ridge Plaza, Conroe Crow Holdings February 225 41 HFF
Southway Commons, Houston ARC-Retail Centers of America June 182 29 CBRE
Mansfield Pointe, Mansfield Inland Real Estate April 149 28 (None)
Spring Cypress Village, Houston (Unidentified) (Pending) 101 23 HFF

 

--06/25/14

Southeast Retail Properties

 


On the Market
Property Seller Hit
Market


SF
(000)

Estimated
Value
($Mil.) 
Broker
Magnolia Park, Greenville, S.C. Menin Development June 885 $170 Eastdil Secured
Marketplace at the Outlets, West Palm Beach, Fla. Lubert-Adler partnership June 295 125 Cushman & Wakefield
BVT Equity portfolio BVT Equity Holdings April 514 100 HFF
Conyers Crossroads, Conyers, Ga. J.P. Morgan Asset Management May 466 60 HFF
Polo Club Shoppes, Boca Raton, Fla. DRA Advisors, Woolbright May 160 53 Cushman & Wakefield
Colonial Promenade, Winter Haven, Fla. Dizengoff Group May 280 34 Cushman & Wakefield
Publix Florida portfolio Blackpoint, Atlantic Creek April 249 30 BlueGate Partners

Recent Deals
Property Buyer Closed SF
(000)
Value
($Mil.) 
Broker
St. Johns Town Center, Jacksonville (50% stake) Deutsche Asset & Wealth May 1,200 $757 Eastdil Secured
Forum Peachtree Parkway, Norcross, Ga. AEW Capital (Pending) 500 150 Eastdil Secured
EpiCentre, Charlotte CIM Group May 305 131 HFF
The Loop, Kissimmee, Fla. (Unidentified) (Pending) 465 120 HFF
Shoppes at Webb Gin, Snellville, Ga. (Unidentified) (Pending) 334 92 Eastdil Secured
ParaisoParc, WestforkTower, Pembroke Pines, Fla. DRA Advisors June 353 85 Cushman & Wakefield
4020 Sharon Road, Charlotte Ferncroft Capital, Springland May 131 45 Berkeley Capital
10-50 NE 40th, 3995 North Miami, Miami Thor Equities May 51 45 (None)
Specialty Shops on the Park, Charlotte Hill Partners, Guggenheim April 65 25 HFF

For the listing of a stake, the total value and size of the property are shown.

 

--06/18/14

San Francisco Office Properties

 


On the Market

Property

Seller

Hit
Market

SF
(000)

Estimated Value

Broker

($Mil.)

(Per SF)

Foundry Square 2 GE Asset Management  May 521 $365 $701 Eastdil Secured
650 California Street Tishman Speyer June 478 310 649 Eastdil Secured
100 California Street PCCP, Embarcadero Capital June 288 160 556 Eastdil Secured
201 California Street AREA Property, USAA April 234 120 513 Eastdil Secured
1390 Market Street Broadreach Capital April 220 100 455 CBRE
60 Spear Street Ares Management May 156 95 609 HFF
731 Market Street Invesco, Harvest Properties June  93 60 645 JLL
188 Embarcadero AREA Property, USAA May 91 55 604 Cushman & Wakefield
1019 Market Street Cannae Partners June 75 50 667 HFF


Recent Deals

Property

Buyer

Closed

SFf
(000)

Sales Price

Broker

($Mil.)

(Per SF)

225 Bush Street (90% stake) Genzon Group May 593 $315 $590 JLL
221 Main Street Columbia Property April 388 229 590 Eastdil Secured
888 Brannan Street Beacon Capital April 388 190 490 Eastdil Secured
33 New Montgomery Street Cornerstone Real Estate June 240 148 615 Cushman & Wakefield
631 Howard St., 55 Hawthorne St. (Unidentified)  (Pending) 237 140 591 JLL
Waterfront Plaza (Unidentified) (Pending) 297 90 303 Eastdil Secured
Hamm’s Building Downtown Properties March 184 85 462 Colliers International
989 Market Street (Unidentified) (Pending) 110 43 386 HFF
1001 Van Ness Avenue Oryx Partners May 107 26 245 Newmark Grubb

Note: For deal involving a stake, the total value and size of the property are shown.

 

--06/11/14

Chicago Office Properties

 


On the Market

Property

Seller

Hit
Market

SF
(000)

Estimated Value

Broker

($Mil.)

(Per SF)

300 South Riverside Plaza Joseph Mizrachi, partners April 1,100 $335 $305 Eastdil Secured
55 West Monroe Street Hearn Co., Mount Kellett Capital (Pending) 804 240 299 JLL
101 North Wacker Drive Hines March 600 210 350 JLL
230 West Monroe Street PIMCO April 624 122 196 HFF
One North State Street FD Stonewater January 523 70 134 HFF
221 North LaSalle Street (condo) Cape Horn, Lincoln Property May 358 50 140 CBRE
213 West Institute Place Goldman Sachs June 149 30 201 HFF
205 West Randolph Street Farbman Group, Lubert-Adler April 199 25 126 JLL


Recent Deals

Property

Buyer

Closed

SFf
(000)

Sales Price

Broker

($Mil.)

(Per SF)

300 North LaSalle Street Irvine Co.  (Pending) 1,300 $850 $654 HFF
Three First National Plaza Hearn Co. (Pending) 1,439 375 261 Eastdil Secured
311 South Wacker Drive China Cinda, Zeller Realty March 1,281 305 238 Eastdil Secured
30 North LaSalle Street AmTrust Realty (Pending) 983 240 244 JLL
203 North LaSalle Street Sumitomo Corp. April 581 112 192 Avison Young
200 West Monroe Street Beacon Investment Properties May 536 100 187 HFF
200 West Jackson Boulevard White Oak, Angelo Gordon (Pending) 488 85 174 Eastdil Secured

 

--06/04/14

Manhattan Office Properties

 


On the Market

Property

Seller

Hit
Market

SF
(000)

Estimated Value

Broker

($Mil.)

(Per SF)

530 Fifth Avenue (49% stake) Rockwood Capital April 540 $600 $1,111 Eastdil Secured
1865 Broadway American Bible Society March 180 300 1,666 Cushman & Wakefield
80 Broad Street Savanna Investment April 423 170 400 Eastdil Secured
619 West 54th Street Taconic Investment February 330 160 485 JLL
115 Seventh Avenue Rubin Museum May 40 60 1,500 JLL


Recent Deals

Property

Buyer

Closed

SFf
(000)

Sales Price

Broker

($Mil.)

(Per SF)

388-390 Greenwich St. (49% stake) SL Green May 2,635 $1,585 $602 Eastdil Secured
Five Times Square David Werner, partners (Pending) 1,150 1,550 1,348 Eastdil Secured
Time Warner Center Related, GIC, Abu Dhabi  January  1,100 1,310 1,191 Eastdil Secured
150 East 42nd Street (leasehold interest) David Werner, partners (Pending) 1,700 900 530 Eastdil Secured
One Wall Street Harry Macklowe, partner (Pending) 1,100 585 532 CBRE
One Park Avenue (partial stake) Foreign buyer  (Pending)  946 545 576 Eastdil Secured
450 Park Avenue Oxford, Crown Acquisition May 334 545 1,631 Eastdil Secured
222 Broadway (95% stake) Deutsche Asset & Wealth Mgmt. (Pending) 789 500 634 Eastdil Secured
61 Broadway RXR Realty May 787 330 419 JLL
110 William Street Savanna, KBS Partners May 928 261 281 Eastdil Secured
555 Broadway Scholastic March 325 255 785 (None)
77 Water Street (49% stake) Principal Real Estate Investors (Pending) 612 245 400 CBRE 
1370 Broadway  Florida State Board April  300 186 620 CBRE
183 Madison Avenue Tishman, PCCP, Cogswell Realty (Pending) 257 185 720 (None)
160 Water Street Emmes Asset Management  May 480 160 333 Cushman & Wakefield
511-541 West 25th Street Prudential Real Estate, L&L (Pending) 195 160 821 CBRE
One Exchange Place (55 Broadway) Harbor Group International March 355 157 442 JLL
Extell Midtown portfolio Kaufman Organization, Principal  April 311 150 482 (None)
65 Broadway (Unidentified) (Pending)  360 144 400 Eastdil Secured
920 Broadway KLM Construction May 110 118 1,071 Eastdil Secured
31 West 27th Street Westbrook Partners  April 126 83 655 Studley

Note: For offerings of a stake, the total value and size of the property is shown.

 

--05/28/14

Manhattan Apartment Properties

 


On the Market

Property

Seller

Hit
Market

No. of
Apts.

Estimated Value

Broker

($Mil.)

(Per Apt.)

Avalon Chrystie Place AvalonBay, J.P. Morgan January 361 $400 1,108,000 HFF
Tribeca Point, 41 River Terrace  Rockrose Development  March  340 300 882,000 Studley
Tribeca Park, 400 Chambers Street Related Cos.  April  396 300 757,000 Eastdil Secured
Post Toscana Post Properties April 199 170 854,000 Eastdil Secured
Post Luminaria Post Properties April 138 110 797,000 Eastdil Secured
62 Avenue B Magnum, Meadow Partners January 81 70 864,000 Studley
110 Greenwich Street  Tom Jakobson March  60 65 1,083,000 Eastern, Cresa
Emmerson, 1810 Third Avenue P&G Equities January 76 50 658,000 Marcus & Millichap
2283 Third Avenue Lane Capital March 20 25 1,250,000 Eastern Consolidated


Recent Deals

Property

Buyer

Closed

No. of
Apts.

Sales Price

Broker

($Mil.)

(Per Apt.)

Wellington, 200 East 62nd Street  O’Connor Capital  April  115 $240 2,089,000 BlueGate Partners
Corinthian, 330 East 38th Street Gaia Real Estate May 144 147 1,021,000 Massey Knakal
Nash, 222 East 39th Street  BLDG Management  April  191 126 660,000 Eastern Consolidated 
12 East 88th Street  Simon Baron Development  February  65 105 1,615,000 JLL 
Grayson, 247 East 28th Street  Beijing Capital Development   February  128 100 780,000 HFF 
15 Cliff Street  Carmel Partners  January  157 95 605,000 CBRE
120-125 Riverside Drive  Thor Equities, GreenOak  March  97 85 876,000 Westwood Realty 
200 West 15th Street  Alan Wasserman   March  110 80 723,000 Rosewood Realty 
627 Greenwich Street  Criterion Real Estate  April  38 75 1,974,000 (None) 
70 Battery Place (Unidentified)  (Pending) 209 75 359,000 Eastdil Secured
234 East 46th Street (Unidentified)  (Pending)  95 70 737,000 Eastdil Secured
838 West End Avenue Thor Equities, Rockwood Capital May 69 67 971,000 Westwood Realty 

 

--05/21/14

Southeast Industrial Properties

 


On the Market

Property

Seller

Hit
Market

SF
(000)

Estimated Value

Broker

($Mil.)

(Per SF)

North Atlanta Distribution Portfolio Clarion Partners (Pending) 2,500 $120 $48 CBRE
Technology Center of Georgia, Lawrenceville Taylor & Mathis May 950 65 68 CBRE
Hillphoenix Headquarters, Conyers, Ga. Ashley Capital May 500 35 70 Cushman & Wakefield
Michelin Distribution Center, Charlotte Beacon Partners May 346 25 72 CBRE


Recent Deals

Property

Buyer

Closed

SF
(000)

Sales Price

Broker

($Mil.)

(Per SF)

Adidas Campus, Spartanburg, S.C. Adidas March 2,000 $133 $68 Cushman & Wakefield
2321 Concord Parkway South, Concord N.C. Victory Industrial Park April 3,500 69 20 JLL, CBRE
General Mills Distribution Center, Social Circle, Ga. WPT Industrial REIT May 1,515 52 34 Cushman & Wakefield
Solo Cup Distribution Center, Social Circle, Ga. Dart April 1,300 44 34 CBRE
Kellogg’s Distribution Center, Atlanta (Unidentified) (Pending) 900 41 46 CBRE
Trident Capital Portfolio, Atlanta MDH Partners May 720 40 56 CBRE
Westpointe Business Park, Doral, Fla. Clarion Partners February 285 39 135 Cushman & Wakefield
Ollie’s Distribution Center, Commerce, Ga. Exeter Property May 962 38 40 Cushman & Wakefield
900 Aviation Parkway, Morrisville, N.C. Ares Management February 580 27 46 Cushman & Wakefield
1802 Jim Johnson Road, Plant City, Fla. C&S Wholesale Grocers April 837 25 30 CBRE

 

--05/14/14

Silicon Valley Office Properties

 


On the Market

Property

Seller

Hit
Market

SF
(000)

Estimated Value

Broker

($Mil.)

(Per SF)

Mountain View Corp. Center, Mountain View San Francisco Employees April 275 $150 $545 Eastdil Secured
Tasman Technology Park, Milpitas Deutsche Asset & Wealth April 609 125 205 CBRE
DivcoWest portfolio, Santa Clara, Sunnyvale DivcoWest  March 334 84 251 Cassidy Turley
Moffet Park, Sunnyvale Hines April 174 52 299 Cassidy Turley
Patrick Henry Drive, Santa Clara Westbrook Partners April 82 27 329 Cassidy Turley


Recent Deals

Property

Buyer

Closed

SFf
(000)

Sales Price

Broker

($Mil.)

(Per SF)

Deutsche portfolio, Mountain View, Sunnyvale (Unidentified) (Pending) 397 $240 $604 Eastdil Secured
Mission Tower 1, Santa Clara Prudential Real Estate Investors April 290 149 513 Eastdil Secured
Mission Tower 2, Santa Clara Prudential Real Estate Investors April 280 132 471 Eastdil Secured
Clearview Business Park, San Mateo Deutsche, Embarcadero Capital April 270 126 465 Eastdil Secured
Lake Park Business Center, Santa Clara Bixby Land March 405 109 270 Eastdil Secured
Century Centre, San Mateo LaSalle, Harvest Properties April 276 100 362 Eastdil Secured
Montague Oaks Business Park, San Jose PSAI Realty February 262 51 194 Cassidy Turley 
Community Towers, San Jose Swift Realty April 309 40 129 HFF
Fremont, North San Jose Portfolio Stockbridge Capital February 266 28 105 Cassidy Turley

 

--05/07/14

Florida Hotels

 


On the Market

Property

Seller

Hit
Market

No. of
Rooms.

Estimated Value

Broker

($Mil.)

(Per Rm.)

Sawgrass Marriott, Ponte Vedra Beach 

Goldman Sachs

February

511

$150

$294

Eastdil Secured

Hilton Key Largo 

Blackstone

April 

200

80

400

HFF

b2 Miami Downtown

InSite Group, Carlyle

July 

242

55

227

JLL

Sheraton Fort Lauderdale Airport

HEI Hotels & Resorts

January

250

38

152

HFF

DoubleTree Sawgrass, Sunrise

Long Wharf Real Estate

January

250

36

144

HFF

il Lugano, Fort Lauderdale

Navigant

April 

105

30

286

HFF 


Recent Deals

Property

Buyer

Closed

No. of
Rooms

Sales Price

Broker

($Mil.)

(Per Rm.)

St. Regis Bal Harbour, Miami Beach

Al Rayyan Tourism

January

207

$213

$1,029

(None)

DoubleTree Bahia Mar, Fort Lauderdale

(Unidentified)

(Pending)

296

160

541

JLL

SLS South Beach, Miami Beach

(Unidentified)

(Pending)

142

135

951

JLL

Raleigh Hotel, Miami Beach

Raleigh Group

April

105

69

657

HFF

Hyatt Regency, Jacksonville

Fortress Investment

February

963

53

55

CBRE

Casa Moderna, Miami

CGI Merchant

January

56

38

670

(None)

Golden Strand Ocean Villa, Sunny Isles Beach

Trump Group

January

134

28

211

(None)

Mayfair Hotel and Spa, Miami

TriGate Capital

April

132

28

209

(None)

 

--04/30/14

Houston-Area Office Properties

 


On the Market

Property

Seller

Hit
Market

SF
(000)

Estimated Value

Broker

($Mil.)

(Per SF)

3000 and 3040 Post Oak Boulevard

Five Mile Capital, Crocker

February

866

$300

$346

HFF

Energy Crossing 1&2

Illinois Teachers, Lincoln Property

April

568

180

317

HFF

Two Westlake Park

KBS Realty

March

455

130

286

HFF

1033 Richmond Avenue

TA Associates

April

218

43

197

HFF

One & Two Corporate Plaza, Clear Lake

Metro Properties

April

276

35

127

Transwestern


Recent Deals

Property

Buyer

Closed

SFf
(000)

Sales Price

Broker

($Mil.)

(Per SF)

Heritage Plaza (90% stake)

AEW Capital

February

1,150

$475

$459

Eastdil Secured

Sugar Creek 1&2, Sugarland

Stockdale Capital

April

410

85

207

HFF

Centre at Cypress Creek

Coventry Investment

February

466

45

97

HFF

Oak Park Office Center 3

(Unidentified)

(Pending)

151

30

199

HFF

9801 Westheimer

Fuller Realty, Harbert 

April

211

29

138

HFF

Note: For the sale of a stake, the total value and size of the property is shown.  

 

--04/16/14

Southern California Hotels

 


On the Market

Property

Seller

Hit
Market

No. of
Rooms.

Estimated Value

Broker

($Mil.)

(Per Rm.)

Hyatt Regency, Hyatt the Pike, Long Beach

Hyatt Hotels

March 

666

$110

$165

JLL

Hilton San Diego Resort & Spa

LaSalle Hotel Properties

February

357

80

224

Eastdil Secured 

Hyatt Westlake Plaza, Thousand Oaks

Wheelock Street Capital

January

263

40

152

JLL

DoubleTree by Hilton, Carson

Ensemble Investments

March

224

34

152

CBRE

DoubleTree Suites Doheny Beach, Dana Point

FelCor Lodging

January

196

33

168

HFF

Hyatt Place, Vista 

ABA Development, Baupost

April 

150

25

167

CBRE 


Recent Deals

Property

Buyer

Closed

No. of
Rooms

Sales Price

Broker

($Mil.)

(Per Rm.)

Luxe City Center Hotel, Los Angeles 

(Undisclosed) 

(Pending)

178

$100

$562

Eastdil Secured

Sheraton Gateway Los Angeles

Hazens Investment

December

802

96

120

(None)

Warner Center Marriott, Woodland Hills 

(Undisclosed)

(Pending) 

474

90

190

Eastdil Secured 

Four Points Sheraton LAX, Los Angeles

Nimes Capital

December

567

56

99

Cushman & Wakefield

Hotel Oceana, Santa Barbara

Hersha Hospitality

March

122

42

342

JLL 

 

--04/09/14

Northern New Jersey Office Properties

 


On the Market

Property

Seller

Hit
Market

SF
(000)

Estimated Value

Broker

($Mil.)

(Per SF)

Metropolitan Center, East Rutherford KBS Realty April 425 $115 $271 CBRE
22 Sylvan Way, Parsippany Mack-Cali Realty January 250 100 400 HFF
Merck campus, Summit Merck April 1,500 100 67 JLL
Roche campus, Nutley Roche April 2,000 100 50 JLL
Three Gateway Center Tahl Propp Equities April 483 80 166 Cushman & Wakefield
Merck campus, Whitehouse Station Merck  October  1,000 50 50 Cushman & Wakefield
Atrium Corporate Park portfolio, Somerset Macquarie Group November 945 50 53 Cushman & Wakefield
90 Matawan Road, Old Bridge Lowe Enterprises, Vision Equities February 218 42 193 Cushman & Wakefield
400 Plaza Drive, Secaucus Hartz Mountain March 259 35 135 CBRE
120 Mountain View, Basking Ridge KBS Realty February 138 30 217 JLL
Two Paragon Drive, Montvale Local developer  September  215 31 144 HFF 
300 Lighting Way, Secaucus Hartz Mountain February 303 23 76 JLL


Recent Deals

Property

Buyer

Closed

SFf
(000)

Sales Price

Broker

($Mil.)

(Per SF)

Morris Corp. Center 1&2, Parsippany  Brookwood Financial  (Pending)  529 $87 $165 CBRE
500 Plaza Drive, Secaucus Prudential, Marcus Partners  (Pending)  455 70 154 CBRE
30 Montgomery, Jersey City (90% stake) Rubenstein Partners December 305 63 208 Cushman & Wakefield
399 Jefferson Road, Parsippany Criterion Holdings Legacy  December  206 45 220 Cushman & Wakefield
Five Giralda Farms, Madison Lincoln Equities, partner  December 375 30 80 JLL
444 Hoes Lane, Piscataway  Ericsson December 354 27 77 Cushman & Wakefield

For the sale of a stake, the total value and size of the property is shown.

 

--04/02/14

Phoenix-Area Apartment Properties

 


On the Market

Property

Seller

Hit
Market

No. of
Apts.

Estimated Value

Broker

($Mil.)

(Per Apt.)

Grigio Tempe Lake, Phoenix

Picerne Group

March

523

$78

$149,000

CBRE

Lakeview Superstition Springs, Mesa

Heitman

March

676

67

99,000

CBRE

Station on Central, Phoenix

Baron Properties

March

414

55

133,000

Apartment Realty Advisors

Verano Townhomes, Phoenix

Alliance Residential

March

360

48

133,000

CBRE

Rock Ridge, Phoenix

Farnam Realty

February

319

32

100,000

CBRE

Colter Park, Phoenix

UBS

March

384

27

70,000

Marcus & Millichap

Colonnade, Phoenix

Gelt Inc.

March

415

26

63,000

Cushman & Wakefield


Recent Deals

Property

Buyer

Closed

No. of
Apts.

Sales Price

Broker

($Mil.)

(Per Apt.)

Scottsdale Springs, Scottsdale

Abacus Capital

December

644

$54

$83,000

CBRE

Alta Ravenwood, Tempe

Benedict Hudye

March

240

45

185,000

CBRE

Elevation Flagstaff, Flagstaff

EquiMark

February

288

41

143,000

Hendricks Berkadia

Indigo Palms, Phoenix

Bill Comrie

December

432

40

93,000

Berger Investment

Cove at Newport, Glendale

Henderson Global Investors

December

480

31

64,000

CBRE

Vue Park West, Peoria

Buchanan Street, Baron Properties

March

260

30

116,000

Marcus & Millichap

--03/26/14

Lower Midwest Industrial Properties

 


On the Market

Property

Seller

Hit
Market

SF
(000)

Estimated Value

Broker

($Mil.)

(Per SF)

Pinchal Portfolio (Indiana/Louisville area) 

Pinchal & Co. 

March

1,900

$87

$46

Cushman & Wakefield

2829 Rohr Road, Groveport, Ohio

AFIAA

March

1,200

55

46

CBRE

Kansas Commerce Ctr., Kansas City, Mo. 

Bentall Kennedy

May

650

50

77

Cushman & Wakefield

KTR Portfolio (Indianapolis/Louisville areas) 

KTR Capital

March

1,000

46

46

CBRE

Port Union Commerce Park, Cincinnati area 

DCT Industrial

March

840

39

46

CBRE

Subaru Distribution Center, Indianapolis

Prologis

April

715

35

49

CBRE

ODW Logistics building, Columbus, Ohio

Trident Capital

March

760

29

38

CBRE

Gordmans distribution center, Monrovia, Ind.

Ambrose Property 

January

545

27

50

JLL

7600 Rockville Road, Indianapolis

Private investor

March

560

25

45

Cushman & Wakefield


Recent Deals

Property

Buyer

Closed

SF
(000)

Sales Price

Broker

($Mil.)

(Per SF)

Harbor Group Portfolio, Cleveland

Biynah Industrial 

March

750

$45

$60

Cushman & Wakefield

Fountain Lakes 1-3, St. Louis

PNC Realty

October

852

36

42

Transwestern

GreenPark 1 at Airwest, Indianapolis

Welsh Property

October

770

30

39

Cassidy Turley

445 Airtech Parkway, Plainfield, Ind.

Chambers Street Properties

December

622

29

47

JLL

Park West G, Hebron, Ky.

J.P. Morgan Asset Mgmt.

December

710

26

36

CBRE

 

--03/19/14

Northern Virginia Office Properties

 


On the Market

Property

Seller

Hit
Market

SF
(000)

Estimated Value

Broker

($Mil.)

(Per SF)

ExxonMobil Campus, Merrifield  ExxonMobil November 1,200 $350 $292 Cassidy Turley
Patriots Park, Reston Boston Properties March  724 300 414 Cassidy Turley 
3003 Washington Boulevard, Arlington Penzance, Invesco March 215 140 651 Eastdil Secured
1310 North Courthouse Road, Arlington  Rockpoint, MRP February 381 150 394 Eastdil Secured
Avion Business Park, Chantilly  C-III Asset Management March  419 63 150 C-III Realty


Recent Deals

Property

Buyer

Closed

SFf
(000)

Sales Price

Broker

($Mil.)

(Per SF)

WRIT medical-office portfolio Harrison Street Real Estate January 422 $194 $459 Cassidy Turley
AT&T Campus, Oakton iStar Financial December 410 93 227 Cushman & Wakefield
Carlyle Overlook, Alexandria Clarion Partners December 126 66 522 Cassidy Turley 
Randolph Square, Arlington  Easterly Partners February 190 56 296 Cassidy Turley
TransPotomac Plaza 5, Alexandria (Undisclosed ) (Pending) 108 25 231 Cassidy Turley