A source tells us the 321,000-square foot building is trading at $140 million or $436 per square foot.

The property features an attractive four spaces per 1,000 square feet parking ratio, a remodeled conference and training facility, a modernized deli, and a state-of-the-art fitness center.

Leasing activity surged in the second quarter—rebounding from a slow first quarter—but the vacancy rate still increased, nearing 5%.

Freddie Mac is very competitive with its ten-year offering in the affordable single-family rental home space.