Beacon Capital Partners
CapRidge Buys Charlotte Office Property for $39M
The two buildings total more than 180,000 square feet of Class B space in the Southpark submarket. BBVA Compass Bank provided nearly $29 million in acquisition financing.
Ares Management JV Buys Boston Office Property for $110M
The company has teamed up with Accordia Partners to acquire 2 Morrissey Blvd., a five-building campus offering 425,000 rentable square feet.
Beacon Capital Makes $600M Sale-Leaseback Deal
An affiliate will buy the San Francisco headquarters of Zynga, the online gaming company, which will then lease about one-quarter of the Class A property.
Crystal City Office Tower Sells for $100M
Newmark Knight Frank represented Beacon Capital Partners in the disposition of Presidential Tower, a 349,303-square-foot building situated near the future home of Amazon HQ2.
Toronto-Based League Inc. Expands Chicago Office
CBRE represented the company in moving its current coworking space to Beacon Capital’s property on State Street, which will function as the firm’s U.S. headquarters.
Allianz JV Buys Boston Office Tower for $845M
The Munich-based company teamed up with Beacon Capital Partners and the Pension Reserves Investment Management Board to purchase the 1.2 million-square-foot asset.
Velocis, Altus Buy 500 KSF DC-Area Office Campus
The partners purchased Greensboro Park, a two-building complex in Tysons, Va., from Beacon Capital, and tapped JLL to manage it. The deal marks Velocis’ fourth office acquisition in Northern Virginia.
Top 10 Chicago Office Buyers
Since January, the city has seen several notable transactions despite a rather slow start into the year. Two deals closed at prices surpassing $300 million.
Top 10 San Francisco Office Buyers
Since January, seven transactions valued at more than $100 million closed in the metro. Well-known industry names, including Blackstone and Beacon Capital, are among the top buyers.
C&W to Lease, Manage Westchester One in NY
The 906,689-square-foot office tower is the largest office building in White Plains, N.Y., and changed hands this month. The asset is set to undergo a complete renovation and pre-built program.