The London office of Hines has announced the Hines Pan-European Core Fund has acquired from Arab Investments its first asset in the London office market--the West End office building located at 15 Suffolk Street in St. James. The period building is fully leased for a fixed term until 2022. Arab Investments was advised by King Sturge, and Hines represented itself in the transaction. Financials of the deal were not disclosed. Constructed in the mid 1950’s with a façade based upon its original 19th century design and recently refurbished, the building contains 21,100 square feet of space over six levels.
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source: commercialpropertynews.com
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