SUNRISE, FL—The joint venture of Chicago-based investment management firm Vanderbilt Office Properties and Barron Collier Companies of Naples, FL has acquired its second office building in the Sawgrass International Corporate Park here.

The partnership purchased Corporate Center II, a nearly fully-leased 91,221-square-foot Class A office building, from the U.S. real estate business of UBS Asset Management in a deal valued at $20.8 million.