CORRECTION: The investment firm Nuveen is based in Chicago.
A global investment firm based in Chicago has purchased two large office buildings in the Maryland Farms area of Brentwood.
Nuveen purchased the office building at 5500 Maryland Way for $30 million and paid just over $50 million for a pair of office buildings at 5200 Virginia Way.
The 117,000-square-foot, four-story office building at 5500 Maryland Way is home to, among other companies, Premise Health. The building at 5200 Virginia Way is a pair of four story, 100,000-square-foot buildings. DaVita is one of the main tenants.
Nuveen purchased the buildings from Milwaukee based Northwestern Mutual Life Insurance Company on Feb. 25.
Northwestern Mutual Life paid $22.3 million for the property at 5200 Virginia Way in 2015, and paid $24.3 million for the property at 5500 Maryland Way in 2010.