Seventeenth Street Plaza sold to HRPT - The Business Journal of Milwaukee:

xosawewaqa.wordpress.com
Newton, Mass.-based HRPT (NYSE: HRP), a real estatwe investment trust that owns and operates office andindustrial buildings, paid cash for the The sales price was not announced. Seventeent h Street Plaza is located at 122517th St., acrossw from the Tabor Center office, retail and hoteol complex. It was developed by what’s now Jonesx Lang LaSalle Inc. of Chicago, and was completec in 1982. Previous owners includee Equitable Real Estate InvestmentManagement Inc. part of the Equitable insurance company. Australiam real estate giant LendLease Corp. Ltd. took over the buildingb in the 1990s after itacquired ERE.
JPMorgan quietlhy put the building on the marketf inearly 2008, asking $385 per squarr foot, or roughly $250 million, brokers said. Brookfieldc Properties Corp. of New York and Toronto had the building undert contract to purchase last summerfor $225 but the deal was not consummated because of the debt impact on Brookfield’s lender, said real estate brokerx knowledgeable about the deal. As of October, the buildingb was off the market. The with an attached parking structure, is 93 percent leased and includesz Ink! Coffee and Heidi’s Brooklyn Deli outlets. It is home to the headquarters of Molso n CoorsBrewing Co.