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Brokerage
Posted: June 30, 2008
HFF handles sale of the 877,335 s/f North Point Office Complex
The N.Y. and Pittsburgh offices of Holliday Fenoglio Fowler, L.P. (HFF) closed the sale of North Point Office Complex, two buildings totaling 877,335 s/f in the city's central business district.
HFF senior managing directors Glenn Whitmore and Dave Nackoul, associate director Dan Byrnes and real estate analyst Tom Rieck led the investment sales team exclusively on behalf of the seller, a global financial institution. HRPT Properties Trust purchased the complex for an undisclosed amount. Â North Point consists of five-story, 286,540 s/f North Point I (Jones Day Building) and 19-story, 590,795 s/f North Point II (North Point Tower). Combined, the properties are 92% occupied.
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