Wheelock Street Capital L.L.C. entered into a contract to acquire Philips Plaza from Partners Group Holding AG (SWX:PGHN) and Lingerfelt CommonWealth Partners LLC for $111.5 million on January 9, 2019. The transaction was financed through a $72 million acquisition financing originated by SunTrust Bank. Cushman & Wakefield marketed the property for sale. Lazar, Marc and Insolia, Robert S. of Goodwin Procter LLP acted as legal advisor to Wheelock Street Capital L.L.C in the transaction.