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News

December 21 2018

Hertz Investment Group Buys the Dominion Tower in Norfolk 

 Hertz Investment Group Buys the Dominion Tower in Norfolk


 

February 22, 2018

Hertz Investment Group buys Brookhollow Central office complex


Hertz Investment Group buys Brookhollow Central office complex



September 7, 2017

Jackson MS. RBO news release

Baptist Memorial Health Care to open regional business office in downtown Jackson.

Baptist Memorial Health


September 2, 2016

CoStar Group

Equity Commonwealth Trades Midwest Office Portfolio to Hertz Investment Group for $417 Million.

Equity Commonwealth CoStar Group


September 2, 2016

Cleveland.com

North Point office complex in downtown Cleveland sold for $95 million, records show.

That figure popped up in documents filed Thursday, four days after California-based Hertz announced that it had bought a cluster of Midwest office properties in the company’s largest acquisition to date. The combined deals, in Cleveland, Milwaukee and Indianapolis, carried a price tag of $416.9 million. ( more )


September 2, 2016

BizTimes.com

100 East sale price: $78 million.

Exceeds assessed value, but lower than last time it was sold. ( more )


August 29, 2016

Rebusiness Online

Hertz Investment Group Buys Midwest Office Portfolio for $416.9M

Hertz Investment Group has purchased four office buildings in the Midwest for $416.9 million. Equity Commonwealth sold the 3.1 million-square-foot portfolio. The transaction includes 111 Monument Circle and 101-115 West Washington Street in Indianapolis, North Point Office Complex in Cleveland, and 100 East Wisconsin in Milwaukee. The portfolio was 86.5 percent leased at closing. ( more )


August 29, 2016

Milwaukee Journal Sentinel

Office tower at 100 E. Wisconsin sold

Hertz Investment Group, a privately held company based in Santa Monica, Calif., said Monday it has bought the 35-story office building at 100 E. Wisconsin in downtown Milwaukee.… ( more )


August 29, 2016

Indianapolis Business Journal

Two downtown office towers change hands in $417M acquisition

Two of the largest office buildings in downtown Indianapolis have been sold as part of a $416.9 million, four-building acquisition by Hertz Investment Group, the company announced Monday morning. The Salesforce Tower and Circle Building contain 1.2 million square feet of space. Salesforce Tower & Circle Building (formerly known as Chase Tower and Bank One Tower) and the PNC Center were part of a 3.1-million-square-foot package, Santa Monica, California-based Hertz said.… ( more )


August 29, 2016

Crain’s Cleveland Business

Chicago REIT sells North Point as part of $417 million deal to Hertz Investment Group

North Point, the office complex at 901 Lakeside Ave., is now one of Hertz Investment Group’s three skyscrapers in downtown Cleveland. The prior owner, Chicago-based Equity Commonwealth (NYSE: EQC), announced Monday, Aug. 29, that it has sold the property and three other office buildings in the Midwest for a total of $421.9 million.… ( more )


August 29, 2016

Milwaukee Business Journal

100 East office tower sold to California investor Hertz

The 100 East office tower in downtown Milwaukee sold in a $416.9 million portfolio sale to Hertz Investment Group of California.… ( more )


August 21, 2016

Crain’s Cleveland Business

Hertz may add North Point to its portfolio

Hertz Investment Group of Santa Monica, California is taking steps signaling it wants to make the North Point office complex, 901 Lakeside Ave., its third skyscraper in downtown Cleveland… ( more )


December 21, 2015

Richmond Times-Dispatch

Riverfront Plaza buildings sold for $147.5 million

The twin towers of Riverfront Plaza overlooking the James River in downtown Richmond have a new owner… ( more )


December 23, 2015

Virginia News

Hertz buys Rivefront Plaza office towers in downtown Richmond for 147.5 million

Hertz is the new owner of Riverfront Plaza. The two-tower, 22-story, Class A office complex is located downtown next to the James River… ( more )


October 1, 2015

Mississippi Business Journal

Hertz continues shopping spree with purchase of Jackson’s City Centre

Hertz Investment Group, downtown Jackson’s dominant landlord, has added to its Central Business District holdings with a $6.2 million acquisition of the two-tower City Centre and its parking garage at 200 Lamar St.… ( more )


September 18,2015

Cleveland.com

Forest City sells Skylight Office Tower at Tower City for $35.4 million

The new owner is an affiliate of Hertz Investment Group, a California-based buyer that entered the Cleveland market earlier this year by purchasing Fifth Third Center on Superior Avenue.… ( more )


June 11, 2015

Mississippi Business Journal

Hertz Group makes largest acquisition in firm’s history

Hertz Investment Group, which has become the dominant landlord in Jackson’s Central Business District, has completed a $417 million acquisition… ( more )


June 8, 2015

TheState.com

Meridian Building sold to California company

Hertz Investment Group has purchased six office towers in four Southern cities, including the Meridian Building in downtown Columbia, in a $417 million acquisition.… ( more )


June 8, 2015

Press Release

Hertz Investment Group Announces Largest Acquisition in Company History with Southeast Portfolio Purchase

Hertz Investment Group (HIG) today announced it has acquired from Equity Commonwealth a portfolio of six Class A office buildings in the Southeast totaling more than 3-million square feet.… ( more )


March 11, 2015

Press Release

Hertz Investment Group Announces Purchase of Chestnut Place in Worcester, Massachusetts

Hertz Investment Group (HIG) today announced it has completed the acquisition of Chestnut Place, a 218,625 squarefoot office building… ( more )


April 8, 2015

Press Release

Hertz Investment Group Announces Purchase of Fifth Third Center in Downtown Cleveland

Hertz Investment Group (HIG) today announced it has completed the acquisition of Fifth Third Center, a 508,397-square-foot Class A office building… ( more )


December 19, 2014

Press Release

Hertz Investment Group Announces Purchase of South Pointe Business Park in Clinton, Mississippi

Hertz Investment Group (HIG) today announced it has completed the acquisition of South Pointe Business Park in Clinton, Mississippi, a 395,920 sq. ft. Class A property… ( more )

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