Tenant Concerns About Landlords Sweeping The Market
March 13, 2009
About a week ago we wrote a post on tenant’s increasingly becoming concerned with the financial condition of their landlords. The SF Business Times today featured an article covering that very same topic. The article touched on non-disturbance agreements, as well as tenants seeking to have landlords put Tenant Improvmenet money in escrow accounts to [...]
Read More >>Broadway Partners Deal to Sell One Sansome to Mirae Falls Apart
October 21, 2008
After having gone into contract with Broadway Partners about two months ago to acquire One Sansome Street, it appears South Korea-based Mirae Asset MAPS Investment Company has backed out of the $365M transaction. The 650,000 square foot building is leased in large part to Citigroup on leases which run for several more years.
We’ve heard that Mirae [...]
Broadway Partners Runs Into Trouble – San Francisco Holdings On The Table?
October 11, 2008
During 2006 and 2007, New York’s Broadway partners went on a tear, acquiring billions of dollars worth of real estate, with Lehman Partners providing the financing for a good chunk of it. That put Broadway Partners on the map as the third largest acquirer of New York City office buildings after Macklowe and Tishman Speyer.
It [...]
