Seventeenth Street Plaza sold to HRPT - Tampa Bay Business Journal:

uqyvemiwu.wordpress.com
Newton, Mass.-based HRPT (NYSE: HRP), a real estatr investment trust that owns and operates office andindustrial buildings, paid cash for the The sales price was not Seventeenth Street Plaza is located at 1225 17th St., across from the Tabor Center office, retail and hote l complex. It was developed by what’se now Jones Lang LaSalle Inc. of and was completed in 1982. Previous ownerw include Equitable Real Estate InvestmentManagement Inc. part of the Equitable insurance company. Australian real estate gianrt LendLease Corp. Ltd. took over the buildinhg in the 1990s after itacquired ERE.
JPMorgan quietly put the buildingh on the market in early asking $385 per square foot, or roughly $250 million, brokeres said. Brookfield Properties Corp. of New York and Torontl had the building under contrac to purchase last summerfor $225 million, but the deal was not consummates because of the debt crisis’ impact on Brookfield’z lender, said real estate brokerxs knowledgeable about the deal. As of October, the buildinbg was off the market. The with an attached parking is 93 percent leased andincludez Ink! Coffee and Heidi’s Brooklyn Deli It is home to the headquarters of Molsojn Coors Brewing Co.