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Beitel Group & The Scharf Group purchases $325M Office Portfolio
SOLD

Beitel Group And The Scharf Group Acquire Portfolio Of Office Units For $325M

Beitel Group & The Scharf Group purchases $325M Office Portfolio

Retail
clock iconSold 1 year ago
John Redfield
Matthew Mousavi
Patrick Luther
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Summary

Sale
VIRGINIA
Retail

The Beitel Group and The Scharf Group have completed the acquisition of a portfolio of office assets in Virginia, Kentucky, Wisconsin, and Missouri. The portfolio consists of a total of 1,918 units. The sale of the portfolio was finalized on December 7, 2021, with a transaction amount of $325,000,000.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $325,000,000

The purchase was led by the Beitel Group and The Scharf Group. Glenn Scharf represented The Scharf Group as their broker in the deal.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

John Redfield's profile picture
John Redfield
SRS Real Estate Partners-image
Senior Vice President
$502M Sold
Matthew Mousavi's profile picture
Matthew Mousavi
SRS Real Estate Partners-image
Managing Principal
$650.1M Sold
Patrick Luther's profile picture
Patrick Luther
SRS Real Estate Partners-image
Managing Principal
$675.5M Sold
SRS Real Estate Partners's profile picture
SRS Real Estate Partners
SRS Real Estate Partners

Details

Deal Summary
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SOLD
IMAGE: Glenn Scharf DATE: 12/07/2021 ADDRESS: Portfolio MARKET: Virginia, Kentucky, Wisconsin & Missouri ASSET TYPE: Office ~ UNITS: 1,918 BUYER: Beitel Group & The Scharf Group SALE PRICE: $325,000,000

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AddressBeitel Group & The Scharf Group purchases $325M Office Portfolio

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