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Asana officials state that the fund received commitments from a diverse set of institutional investors, including public pension funds, corporate pension funds, insurance companies, endowments, foundations, sovereign wealth funds and family offices.

The all-cash transaction was closed in 90 days and includes Waldron Square (621-645 Waldron St.), Settlement (515 W. Stadium Ave.) and Cedarwood (515-527 N. Grant St.), among other properties.

The five-year investment will include infrastructure changes by architect David Manfreddi and urban designer Gehl, a public square with tech-focused art installations by Culture Corp, a host of new restaurants and hybrid retail experiences, 5.5 million square feet of Class A office space, luxury residential towers and a second hotel.

“These are unsold condos being operated as a rental property given their condominium quality finishes and amenities,” says Kislak's Robert Holland.

The Regina Company produced a variety of music boxes before being driven into bankruptcy by the rise of the phonograph. It began focusing on production of vacuum cleaners in the 1930s.

Washington Property Co. reports the four lease deals total 14,036 square feet and leases totaling another 7,407 square feet are currently the subject of negotiations.