Two Liberty Center sold for $72 million in late 2017 and now has changed hands in a more than $93 million transaction.
ARLINGTON, VA—A joint venture of Hines and funds managed by Oaktree Capital Management, L.P. has purchased the nearly Two Liberty Center office building at 4075 Wilson Blvd. here for $93.2 million.
The 178,200-square-foot Class A property was sold by Westbrook Partners of New York City. Hines is headquartered in Houston, while Oaktree Capital maintains its headquarters in Los Angeles. Westbrook acquired the property in late 2017 for $72 million.
Brokerage firm JLL represented Westbrook in the transaction, procured the buyer and worked on behalf of the Hines-Oaktree partnership to secure $67.6 million in acquisition financing for the nine-story office asset.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
