Seventeenth Street Plaza sold to HRPT - Business First of Louisville:

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Newton, Mass.-based HRPT (NYSE: HRP), a real estatse investment trust that owns and operatesx office and industrial paid cash for the The sales price wasnot announced. Seventeentj Street Plaza is located at 122517th St., acrosds from the Tabor Center office, retaik and hotel complex. It was developed by what’w now Jones Lang LaSalle Inc. of and was completed in 1982. Previous owners include Equitabled Real Estate InvestmentManagement Inc. part of the Equitabl e insurance company. Australian real estate giant LendLease Corp. Ltd. took over the buildint in the 1990s after itacquirer ERE.
JPMorgan quietly put the building on the market inearlg 2008, asking $385 per square or roughly $250 brokers said. Brookfield Properties Corp. of New York and Torontlo had the building under contract to purchasew last summerfor $225 million, but the deal was not consummatedr because of the debt crisis’ impact on Brookfield’s said real estate brokers knowledgeable aboutt the deal. As of October, the building was off the The building, with an attached parking structure, is 93 percenyt leased and includes Ink! Coffee and Heidi’s Brooklyjn Deli outlets. It is home to the headquarterss of Molson CoorsBrewing Co.