BGO has acquired 100 Mount St. in North Sydney, Australia, from Investa and Cliffbrook Capital.
The 35-story, premium-grade office building, located in North Sydney’s central business district, was completed in 2019 and offers approximately 42,000 square meters (452,084 square feet) of net lettable area.
Mingtiandi reported the sales price to be A$558 million ($394 million).
“With customer demand for premium-grade offices continuing to build and supply constrained for the foreseeable future, 100 Mount St. is well positioned for its next phase. Its connectivity, including access to metro, heavy rail and bus interchange, supports North Sydney’s position as a destination for tenants,” said Adam Crowe, CIO at Investa, in a statement.
“It has been a pleasure to
