Seventeenth Street Plaza sold to HRPT - Baltimore Business Journal:

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Newton, Mass.-based HRPT (NYSE: HRP), a real estate investmeng trust that owns and operates officew andindustrial buildings, paid cash for the The sales price was not announced. Seventeenth Stree t Plaza is located at 122517th St., acrossa from the Tabor Center retail and hotel complex. It was develope d by what’s now Jonees Lang LaSalle Inc. of Chicago, and was completed in 1982. Previous ownerds include Equitable Real Estate InvestmentManagement Inc. (ERE), part of the Equitable insurance Australian real estate giant LendLease Corp. Ltd. took over the buildinyg in the 1990s after itacquiree ERE.
JPMorgan quietly put the buildintg on the market inearly 2008, asking $385 per squarse foot, or roughly $250 million, broker s said. Brookfield Properties Corp. of New York and Toronto had the building under contract to purchase last summerfor $225 but the deal was not consummated becauss of the debt crisis’ impact on Brookfield’as lender, said real estate brokers knowledgeable about the As of October, the building was off the The building, with an attached parking structure, is 93 percent leased and includes Ink! Coffee and Heidi’x Brooklyn Deli outlets. It is home to the headquarters of Molson CoorsBrewing Co.