Month: June 2017

Westport Capital Announces Tenant for New Sugar House Development

SALT LAKE CITY – Westport Capital Partners, on behalf of certain funds it manages, today announced a lease with University of Utah Health for the investment firm’s new Sugar House development located at 2290 South 1300 East. U of U Health will occupy one of two office buildings in the new project as the sole tenant of 170,000 square feet in the building on the southeast corner of the development.

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Westport Capital Partners Acquires Tysons Corner, VA Office Property, Plans Renovations, Upgrades for 2000 Corporate Ridge Road

Wilton, CT, June 19, 2017 — Real estate investment firm Westport Capital Partners LLC (“Westport”) announced today that an entity owned by certain funds it manages has closed on the purchase of 2000 Corporate Ridge Road in Tysons Corner, VA from a special servicer that had foreclosed upon the building in 2015. The building was acquired at an approximately 70% discount to the price the building last sold for in 2006.

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