MACAU, CHINA-Westport Capital Partners and Tenacity Real EstateGroup sold 39 Macau to an undisclosed buyer for $125 million. The25-story property combined office with retail components into317,000 square feet. The retail area comprises four stories of thefacility with a 95-space parking area.

The office tower on Avenida Almeida Ribeiro was purchased by thepartnership in 2006 and received a $10-million renovation. A repexplained that the companies saw an opportunistic turnover on thetower, which prompted the deal. Westport and Tenacity would notcomment on the undisclosed buyer.

At the time of purchase, the property topped off at 34%occupancy. At the time of sale, the retail portion was 100% filledand the office product held at 87% occupied. Populating theproperty are China Construction Bank, Regus Business Centers,Philippine Airlines and Opa International Limited.

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