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With $326.5 Million Investment, Workspace Property Trust Reemerges as Buyer of Suburban Offices

Oak Hill Advisors Leads Group Backing Firm
Workspace Property Trust’s 750 Park of Commerce Blvd. in Boca Raton, Florida, typifies its suburban office holdings. (CoStar)
Workspace Property Trust’s 750 Park of Commerce Blvd. in Boca Raton, Florida, typifies its suburban office holdings. (CoStar)
CoStar News
August 25, 2021 | 4:11 P.M.

In a sign suburban office buildings are regaining investment favor, Oak Hill Advisors, a firm with more than $50 billion in assets, has led the purchase of a $326.5 million stake in Workspace Property Trust, a large closely held landlord.

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