Publications & News

WilmerHale Reps Campanelli in Sale of Heritage One & Two

November 15, 2016

On November 15, Campanelli—a full-service commercial real estate development, acquisition and construction management company in partnership with the private equity firm TriGate Capital of Dallas, Texas—announced that it had sold two first-class office buildings in Quincy, Massachusetts in two separate transactions. An affiliate of Foxrock Properties has purchased the 173,000 square foot Heritage One Building, currently more than 50% occupied by State Street Corporation, while an affiliate of Grander Capital Partners has purchased the 183,000 square foot Heritage Two Building. Heritage Two is presently 93% leased to a diverse tenant roster anchored by Massachusetts Teachers Association, Healthcare Financial, G-Force Shipping, Pharmalogics Recruiting and Stran Promotional Services.
 
Partner Keith Barnett represented Campanelli in this transaction, and Barnett and Partner Kathy Bachman led the team that represented Campanelli in the initial acquisition, financing and redevelopment of the two buildings. 
 
The full press release can be found on www.campanelli.com.