Boss and Blue Capital have formed Blue Capital Management to manage and lease the 17-story, 305,000-sf Platinum Tower at 400 Interstate North Parkway in the city's northwest submarket.

The new management firm plans to refurbish the building but didn't disclose the estimated renovation costs in a prepared statement. The partners also didn't disclose the building's occupancy, age, average asking rent or anchor tenants. Officials at both firms couldn't be reached by GlobeSt.com's publication deadline.

Blue Capital is a subsidiary of Vereins-und Westbank AG, which is a member of HVB Group, Germany's second-largest, private-sector banking institution. With offices in Hamburg and Dallas, Blue Capital serves as the asset and portfolio manager for the 421,204-sf Bank of America Center in Downtown Orlando, nine other office buildings and 32 grocery-anchored shopping centers.