Norfolk office buildings sell for $24.9 million
- March 4, 2019
A Norfolk office complex has been sold for $24.9 million.
Colliers International said that SF Partners, a Florida-based real estate investment firm, bought Twin Oaks, a Class A office portfolio at 5700 and 5800 Lake Wright Drive in Norfolk.
The seller was an affiliate of Guardian Realty Investors LLC of Bethesda, Md.
Twin Oaks includes two adjacent, four-story buildings totaling about 171,000 square feet.
Colliers arranged the sale, which was led by J. Scott Adams, president of Colliers | Virginia in association with the Colliers International leasing team of Don Crigger and Mac Weaver.
Twin Oaks is located in the Lake Wright Executive Center, a corporate campus adjacent to Interstate 64, at the intersection of Military Highway and Northampton Boulevard.
The property’s tenants include Booz Allen Hamilton and Titan America.