Mike Davis, Rick Brugge, Rick Colon, and Dominic Montazemi represented the seller, a joint-venture between CP Group (formerly Crocker Partners) and CenterSquare Investment Management, in the transaction with support from Zachary Eicholtz. Farley White Interests, a Boston-based owner of commercial real estate, acquired the property. Jason Hochman, Brian Linnihan, Mike Ryan and Ron Granite of Cushman & Wakefield’s Equity, Debt and Structure Finance team secured a $33.81 million long-term, low fixed-rate loan for acquisition financing through MetLife.
“Two Harbour Place is a prime property that provides suburban office amenities and parking in an urban core environment,” Brugge said. “Two Harbour Place remains a unique and highly successful office asset.”
Located at 302 Knights Run Avenue in Downtown, the 12-story building is 92% leased. Amenities include market leading 3.7 per 1,000 square foot parking ratio via an attached structured garage, an on-site coffeehouse, concierge services, a full-time day porter, auto detailing and dry cleaning pick-up and delivery.