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Wednesday, 13 February 2002

West Regional Digest (2/14/02): San Francisco Investor Buys Park Office Tower

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February 14, 2002

San Francisco investors buy Park Office Tower
CityFeet.com

LONG BEACH, Calif. – The Park Office Tower, a 115,400-square-foot officer building at 5150 Pacific Coast Highway, was purchased for $14.5 million, or $126/sf. The seven-story building was sold by Southwest Value Partners to Ocean Beach Investors. Kevin Shannon of Grubb & Ellis, along with Robert Alperin, Robert Garey and Kim Wassick of Cushman & Wakefield represented the seller, while Jack Ruban of Southpark Group handled the buyer side of the negotiations.


Meridian Plaza gets big tenants; construction set to begin
Sacramento (Calif.) Bee

SACRAMENTO, Calif. – Two high-powered lobbying and law firms have signed leases for the first phase of Meridian Plaza, a 12-story complex across from Capitol Park. Those leases, along with some smaller signed deals and a couple that are nearly finalized, have allowed construction to begin at Meridian, on the corner of 14th and L streets. The Allen Group of Sacramento is developing the $45 million tower. Along with the office tower, the first phase of Meridian Plaza includes a six-story parking garage, at the southeast corner of 15th and K streets. The law firm of Nielsen, Merksamer, Parrinello, Mueller, & Naylor will be looking out over Capitol Park from the top floor. Another law firm, Kahn, Soares & Conway also signed on.


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  • Subject: Property Acquisitions (ACQ), West Regional Digest (WDIG)
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Data Digest

 

CMBS DELINQUENCY VOLUME

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CMBS SPECIAL SERVICING VOLUME

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Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44

 

RCA CPPI

 

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CMBS 2.0 Spreads

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Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41

 

 

 

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