The Friary Court building is located in London's financial district. It has a net leasable spare of 75,000 square feet and is fully occupied by Holman Fenwick William LLP, a law firm.
The property was built in 18984 and went through an extensive renovation in 2008.
King Sturge executives represented the buyer, while Jones Lang LaSalle advised the seller.
This is the second large office building sale to take place in Europe this week. As GlobeSt.com reported Tuesday, In Warsaw, a fund managed by Deka Immobilien, a German-based investment management firm, purchased the Deloitte House for $165 million. Skanska, a construction company, sold the class A, 226,042-square-foot building when it officially opened this month, although the deal had been in the works since September 2008.
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