SOLNA, SWEDEN-Sundsvall-based Norrporten has agreed to purchase the 300,000-square-foot Hagaporten 3 office building from Skanska for $150 million. The sale is expected to finish in the fourth quarter.

Skanska built the project for $130 million in October 2008. The office is 97% occupied, mostly by technology consultancy company AF.

Jorgen Lundgren, EVP at Norrporten, said in a statement that the company bought the building because of its modern, flexible and environmental features. “This transaction is a key step in our aim for long-term growth in the capital city,” he said.

In August, Norrporten sold a one-million-square-foot portfolio of mostly office properties in Linkoping, Sundsvall and Lulea to investor Lilium for $211 million. At the time, Lundgren said in a statement that the transaction allows the company to increase investments in Stockholm and in foreign markets, as well as its $300 million development pipeline. The company owns and manages 138 properties throughout Sweden and Germany.

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