(09/30/2009)

Large Single-Property Transactions in the Third Quarter

Office Buildings

Price
Per SF

Price
($Mil.)

SF
(000)

Property

Buyer

Seller

$832

$207.9

250

1999 K Street NW, Washington

Deka Immobilien

Vornado Realty

680

115.6

170

3030-3040 Science Park, Torrey Pines, Calif.

SNH Medical Office Properties

HUB Properties Trust

523

62.7

120

3373 Hillview Avenue, Palo Alto, Calif.

Wareham Development

IDT Corp.

508

90.5

178

1099 New York Avenue NW, Washington

Credit Suisse

Tishman Speyer

356

605.0

1,700

Worldwide Plaza, New York

George Comfort, RCG Longview

Deutsche, Macklowe, Fortress

353

233.0

660

Electronic Arts complex, Redwood City, Calif.

Electronic Arts

Selco Service Co.

317

106.2

335

Independence Wharf, Boston

Credit Suisse

GE Asset Management

309

153.7

497

Potomac Center North, Washington

Invesco Real Estate

Prudential Real Estate Investors

289

73.0

253

3150 Fairview Park Drive, Falls Church, Va.

Franklin Street Properties

ING Clarion Partners

274

143.0

521

Waterfront Corporate Center 1, Hoboken, N.J.

HRPT Properties

J.P. Morgan Asset Management

254

61.0

240

Green & Harris Buildings, Washington

HRPT Properties

Prudential Real Estate Investors

198

89.5

452

Cranberry Woods, Cranberry, Pa.

McKnight Realty Partners

Multi-Employer Property Trust

196

112.2

573

Willow Oaks Corporate Center, Merrifield, Va.

KBS Realty Advisors

Prudential Real Estate, Brandywine

128

115.0

900

Russell Investments Center, Seattle

Northwestern Mutual Life

J.P. Morgan

107

150.0

1,400

AIG headquarters, New York

Youngwoo, Kumho Bank

AIG

100

60.0

600

Black & Veatch Building, Leawood, Kan.

Black & Veatch

Equity Group Investments

79

70.0

885

City Place 1, Hartford

Morgan Stanley

(Unidentified)

60

102.0

1,705

Park Place 1, Irvine, Calif.

LBA Realty

Maguire Properties


Multi-Family

Price
Per Apt.

Price
($Mil.)

Units

Property

Buyer

$552,632

$42.0

76

1212 Fifth Avenue, New York

Durst Fetner Residential

Mount Sinai

454,386

51.8

114

Zoso, Arlington, Va.

Simpson Housing

Ed Peete Co.

219,178

96.0

438

Gallery at NoHo Commons, Los Angeles

Behringer Harvard

Fairfield Residential

204,359

79.7

390

Waterford Place, Dublin, Calif.

Behringer Harvard, PGGM

Shea Properties

187,168

42.3

226

Avalon at River Oaks, San Jose

Jackson Square, Friedkin

AvalonBay Communities

179,654

41.5

231

Bella Villagio, San Jose

Sares-Regis Group, Cigna

Pinn Bros.

157,967

57.5

364

Post Forest, Fairfax, Va.

Pantzer Properties

Post Properties

103,226

44.8

434

Post Ridge, Atlanta

Centennial Investment

Post Properties

90,206

70.0

776

Fox Run, Plainsboro, N.J.

Angelo Gordon, Vantage Prop.

AIMCO

60,663

42.1

694

Baxter Crossings, Chesterfield, Mo.

Midwest Diversified Develop.

Northwestern Mutual Life


Retail

Price
($Mil.)

Total
SF
(000)

 

Property

Buyer

Seller

116.0

684

 

FlatIron Crossing, Broomfield, Colo. (75% st.)

GI Partners

Macerich

49.8

1,100

 

South Bay Pavilion, Carson, Calif.

Vintage Capital Group

Hopkins, Genesis Real Estate

42.4

422

 

Springhurst Towne Center, Louisville, Ky.

Hocker Group

Centro Properties


Hotel

Price
Per Room

Price
($Mil.)

Rooms

Property

Buyer

Seller

$133,102

$115.0

864

Yellowstone Club, Bozeman, Mont.

CrossHarbor, Discovery Land

Credit Suisse

222,772

90.0

404

W San Francisco, San Francisco

Keck Seng Investments

Starwood Hotels & Resorts

260,000

78.0

300

Sonesta Beach Resort, Key Biscayne, Fla.

Consultatio

Sonesta, Fortune International

262,381

55.1

210

Hotel Indigo, San Diego

InterContinental Hotels

Phelps Development


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