A joint venture between Prescott Capital Management LLC and Woodbridge, N.J.-based Onyx Equities LLC has acquired Westport View Corporate Center, a first-class office complex in Westport, Conn.

The value of the transaction was $24.8 million.

The 80,000-square-foot property, consisting of two buildings, is located at 8 and 10 Wright St. It was built in 1977 with a major renovation in 2000.

At the time of closing, Westport View Corporate Center was 93 percent occupied with primary tenants including Marriot International, MONY Group, Health Management Solutions and Northwestern Mutual.

The seller was Westport View Corporate Center LLC.

***

What’s your opinion? Send your Letter to the Editor to opinion@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
Refer friends to Select and get $200 in credit.Learn More×
Connect Now is just days away. Don't miss out.Reserve your seat today.×