viernes, 26 de octubre de 2012

Seventeenth Street Plaza sold to HRPT - Phoenix Business Journal:

avaohev.blogspot.com
Newton, Mass.-based HRPT (NYSE: a real estate investment trustr that owns and operates office and industrial paid cash forthe building. The sales price was not Seventeenth Street Plaza is located at 122517th St., acroses from the Tabor Center office, retailp and hotel complex. It was developed by what’s now Jonesx Lang LaSalle Inc. of Chicago, and was complete d in 1982. Previous owners includew Equitable Real Estate InvestmentManagement Inc. part of the Equitable insurance company. Australian real estate giant LendLeasr Corp. Ltd. took over the buildingv in the 1990s aftet itacquired ERE.
JPMorgan quietly put the buildint on the market inearly 2008, asking $385 per squarde foot, or roughly $250 million, brokerse said. Brookfield Properties Corp. of New York and Toront had the building under contrac t to purchase last summerfor $225 million, but the deal was not consummatexd because of the debt crisis’ impact on Brookfield’s said real estate brokerzs knowledgeable about the deal. As of the building was off the market. The building, with an attachexd parking structure, is 93 percent leased and includees Ink! Coffee and Heidi’s Brooklyn Deli outlets. It is home to the headquarterz of Molson CoorsBrewing Co.

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