Boston-based Marcus Partners has acquired a pair of office buildings in Westport, Conn., as the first investment of its newest fund, Marcus Capital Partners Fund II.

The purchase price was $16.35 million, WestportNOW reported. The property last sold in 2007 for $32.25 million.

The buildings at 8 and 10 Wright St. contain 84,000 square feet of office space overlooking the Saugatuck River and Westport Center. As the new owner, Marcus Partners plans a $4 million renovation program including larger windows, new lobbies, parking decks, lighting and mechanical systems.

"We see 8 and 10 Wright St. as being a classic situation where the existing property is substantially underutilizing its special place within a community," David Fiore, principal in charge of Marcus Partners’ Metro New York office in Norwalk, said in a statement.

Marcus Partners owns, manages, or owns and manages more than three million square feet of commercial space out of its New York Metro office in Norwalk, and more than five million square feet of commercial space along the East Coast.

The company plans to invest in value-add commercial properties in East Coast markets including Boston, suburban New York City and Washington, D.C.

H. Gary Gabriel led Cushman & Wakefield’s acquisition efforts for Marcus Partners. The team included Tom O’Leary, David Bernhaut, and Andy Merin.

Steve Baker, Adam Klimek and Tom O’Leary of Cushman & Wakefield will oversee leasing and marketing efforts at 8 and 10 Wright St.