Atlanta-based WestWind Capital Partners, on behalf of KanAm Grundinvest Fonds, sold the 344,533-square-foot Commonwealth Tower in Rosslyn, Va.

The value of the transaction was $131.2 million.

Washington, D.C.-based CarrAmerica Realty Corp. purchased the 15-story, class-A office building, which includes approximately 11,000 square feet of retail and fitness-center space, as well as a four-story parking garage.

The suburban Washington, D.C., building was developed in 1971 and completely redeveloped in 1995 by Skidmore, Owings & Merrill.

The tower is fully leased to tenants such as American Chemistry Council and The Mills Corp.

Warren Dahlstrom of Cushman & Wakefield represented WestWind and its minority-interest partner, Kaempfer Co., in the transaction. 

WestWind Capital Partners is a privately held real estate investment advisory firm acquiring class-A product on behalf of a variety of institutional investors.

CarrAmerica owns, develops and operates office properties in 13 markets throughout the United States.

***

What’s your opinion? Send your Letter to the Editor to newsroom@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Inman Connect Black Friday Sale! Bundle our next two events or secure your 2021 All Access Pass.SEE THE DEALS×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription