Westport Capital Partners LLC
Gramercy Sells $43M FL Office Portfolio
Plantation Corporate Center I and II comprise just under 240,000 square feet of rentable space and are leased through 2021.
DTLA Creative Campus Lands $122M Financing
George Smith Partners and Dekel Capital arranged the equity-and-debt package for Urban Offerings and ESI Ventures. The sponsors will use the proceeds to develop a 250,000-square-foot Class A project in the city’s Fashion District.
JV Sells 27-Property Self-Storage Portfolio
HFF was tapped to market the 1.7 million-square-foot portfolio on behalf of the seller, a partnership between Westport Capital Partners and Store Here Management.
JV Nabs Suburban Boston Office/Flex Campus
The six-building Brookwood Business Center is located in Tewksbury and Billerica, Mass., and previously traded in 2010, when Brookwood Financial Partners acquired it through foreclosure for $15 million.
CBRE to Lease Upcoming SLC Office Building
Westport Capital Partners selected CBRE to oversee the leasing of 60 Park in Sugar House, Utah. The property, scheduled for completion in the summer of 2019, is part of the ongoing Park Avenue mixed-use development project.
North Signal—Westport JV Plans Industrial Development in SC
Groundbreaking of North Pointe Commerce Park is expected to start this month. The site is strategically located in close proximity to the port, airport, interstate highways and the U.S. naval installation.
JV Acquires Los Angeles Creative Office Building
Newcastle Partners and Westport Capital Partners formed a joint venture to acquire a 40,000-square-foot asset in Los Angeles’ Jefferson Corridor submarket.
U of Utah Health Inks Redevelopment Lease
Cushman & Wakefield Commerce and CBRE represented the tenant. The Sugar House building is part of a wider mixed-use area revitalization by Westport Capital Partners LLC.
Tysons’ 2000 Corporate Ridge Fetches $39M Financing
PCCP arranged the senior loan for the purchase and renovation of the 261,910-square-foot office property. The repositioning will include the addition of a fitness center and multiple modern conference rooms.
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