The agreement was signed 24 July 2015, and closing occurred on 11 September 2015. 

Norges Bank Investment Management acquired its 49.9 percent interest in the asset for 153.2 million dollars (€136,12 M), valuing the property at 307.1 million dollars (€272,86 M). The asset is unencumbered by debt, and no financing was involved in the transaction.

The property consists of 73 percent office and 27 percent retail.

TIAA-CREF is acquiring a 50.1 percent interest in the asset and will manage it on behalf of the partnership.