A joint venture between an affiliate of Starwood Capital Group, a leading global investment firm, and Arrow Capital Partners has acquired the Zenith office complex (the Property) on the north shore of Sydney. Terms of the transaction were not disclosed.
The Zenith is an iconic A-Grade office complex comprising twin 21 level towers and basement parking. The Property is located in the heart of Sydney's North Shore office market in close proximity to Chatswood Station, at 821 Pacific Highway approximately 12 kms North of Sydney CBD. It has a net lettable area of 475,000 SF with 785 parking spaces.
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