Westport Capital Partners, an investment management company in Wilton, Conn., last month acquired two adjacent office buildings in downtown White Plains from SL Green Realty Corp. and its suburban Reckson division for $32 million.
Reckson Operating Partnership LLC sold 140 Grand St., an approximately 120,000-square-foot property built in 1989, for $22.4 million to the Connecticut investors. Reckson acquired the property in 1998 from Westchetser developer Louis Cappelli for $21.2 million.
SL Green Operating Partnership in December sold 150 Grand St., an approximately 84,000-square-foot property built in 1960, for $9.6 million. The New York City real estate company paid $6.7 million for the property in 2007.
The new owners last month took out a $20.8-million mortgage from First Niagara Bank on the two office buildings.
