Christian Lee, Andrew Chilgren, Marcos Minaya and Sean Kelly of CBRE brokered the transaction on behalf of both the buyer and seller.
The 131,680-square-foot property consists of two single-tenant net leased buildings. CLICK ON THE HEADLINE FOR MORE
The price equated to $267 per square foot.
The complex is 90 percent leased to 40 tenants from a variety of industries including healthcare, law, finance and engineering.
The three Class-A office buildings total 222,682 square feet. CLICK ON THE HEADLINE FOR MORE
Christian Lee, José Lobón and Marcos Minaya of CBRE Capital Markets, and Jay Adams with Newmark represented the seller, Encore Capital Management, in the transaction. CLICK ON THE HEADLINE FOR MORE
A subsidiary of Triarch Capital Group acquired the property. CLICK ON THE HEADLINE FOR MORE
The seller yielded $14 million after carrying the asset for only two years. CLICK ON THE HEADLINE FOR MORE
