Tim Jackson, T. Courtenay Jenkins and Whitney M. Nye of Cushman & Wakefield represented the building owner, Behringer Harvard Funds. Matthew Haas and Kevin Haus of Manekin represented UPI.
Behringer bought the 24-story, 368,194 square foot building in December 2004 for approximately $52 million. As of March 13, 2009, the building was 83% leased, a drop from its high in 2007, when Jackson told Globest.com that the building was at 95% occupancy. C&W did not return a call to GlobeSt.com in time for publication.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
