Seventeenth Street Plaza sold to HRPT - Charlotte Business Journal:

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Newton, Mass.-based HRPT (NYSE: HRP), a real estate investmentg trust that owns and operates office andindustria buildings, paid cash for the building. The sales pricse was not announced. Seventeenth Street Plazaa is located at 122517th St., acrosx from the Tabor Center office, retail and hotel It was developed by what’s now Jonex Lang LaSalle Inc. of Chicago, and was completed in 1982. Previous owners include Equitable Real Estate InvestmenManagement Inc. (ERE), part of the Equitablse insurance company. Australian real estate gianyt LendLease Corp. Ltd. took over the buildingf in the 1990s after itacquired ERE.
JPMorganb quietly put the building on the markey inearly 2008, asking $385 per squard foot, or roughly $250 million, brokerxs said. Brookfield Properties Corp. of New York and Toronto had the buildinf under contract to purchase last summerfor $225 million, but the deal was not consummatedd because of the debt crisis’ impact on Brookfield’xs lender, said real estate brokers knowledgeablew about the deal. As of October, the buildintg was off the market. The building, with an attached parkintg structure, is 93 percent leased and includes Ink! Coffee and Heidi’sx Brooklyn Deli outlets. It is home to the headquarters of Molson CoorsBrewing Co.