Beacon Capital Partners Explained

Beacon Capital Partners, LLC
Type:	Private
Industry:	Real estate
Predecessor:	Beacon Properties, Inc. (1994 - 1997) The Beacon Companies (1946 - 1994)
Founder:	Alan M. Leventhal
Location City:	Boston, Massachusetts
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Area Served:	United States
Key People:	Fred A. Seigel (President & CEO)
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Num Employees:	120 (2022)
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Beacon Capital Partners is an American real estate investment firm based in Boston, Massachusetts. It was founded in 1998, after Beacon Properties, Inc., Beacon's predecessor, was acquired by EQ Office in a $4 billion transaction.^{[1] [2]} The company focuses on office and life science properties in major markets across the United States.^[3] Its European presence formerly included buildings in London, Paris, and Luxemburg.^[4]

Select Properties

Select list of properties developed or owned by Beacon Capital Partners:

Current

• 44 Montgomery (San Francisco, CA)^[5]
• 53 State Street (Boston, MA)^[6]
• 190 South LaSalle (Chicago, IL)^[7]
• 575 Fifth Avenue (New York)
• 600 Congress (Austin, TX)^[8]
• AMA Plaza (Chicago, IL)^[9]
• Bank of America Tower (Houston, TX)^[10]
• Lake Merritt Plaza (Oakland, CA)
• Southline Boston (Boston, MA), former headquarters of The Boston Globe^[11]
• Terrell Place (Washington, D.C.)

Former

• 10 Universal City Plaza (Universal City, CA), sold 2006
• 221 Main Street (San Francisco, CA)
• 330 Hudson (New York, NY)
• 535 Mission Street (San Francisco, CA), sold 2012
• 85 Broad Street (New York, NY)
• 901 Fifth Avenue (New York, NY), sold 2007
• Berkeley Building (Boston, MA), sold 2006
• Citigroup Center (Los Angeles, CA), sold 2006
• City Center East (Bellevue, WA), sold 2010^[12]
• CityPoint (London, England), sold 2016 ^[13]
• Columbia Center (Seattle, WA), sold 2015^{[14] [15]}
• John Hancock Tower (Boston, MA), sold 2007^[16]
• One Beacon Street (Boston, MA), sold 2014^[17]
• One Sansome Street (San Francisco, CA), sold 2010
• Presidential Tower (Arlington, VA), sold 2019^[18]
  • Tour First (Paris, France) Tysons Metro Center (Tysons, VA), sold 2017^[19]
• Wells Fargo Center (Denver, CO)
• Wells Fargo Center (Seattle, WA), sold 2013

See also

• Norman B. Leventhal

External links

• Official website

Notes and References

1. Web site: Beacon Capital Partners. Hoovers. October 1, 2014 .
2. News: Company News Beacon Capital Makes First Property Acquisition . The New York Times. May 2, 1998 . October 1, 2014.
3. Web site: Logan . Tim . Top CBRE executive jumps to Beacon Capital . Boston Globe . The Boston Globe . 3 June 2022.
4. Web site: Beacon Capital Partners LLC . https://web.archive.org/web/20090621235152/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=3587680 . dead . June 21, 2009 . Business Week . Investing . October 1, 2014 .
5. Web site: Torres . Blanca . Beacon Capital Partners close to buying 44 Montgomery, as S.F. office sales market heats up . San Francisco Business Times . The Business Journals . 5 June 2022.
6. Web site: Boston's Trophy Building 53 State Street Sold for $845 Million to a Joint Venture that Includes Beacon Capital Partners . Boston Real Estate Times . 21 December 2018 . 5 June 2022.
7. Web site: Ecker . Danny . LaSalle Street building poised to sell for about $230 million . Crain's Chicago Business . Crain Communications, Inc. . 5 June 2022.
8. Web site: Pitcher . Michelle . These blockbuster Austin real estate deals ranked among nation's biggest in 2021 . Austin Business Journal . The Business Journals . 5 June 2022.
9. Web site: Dorbian . Iris . Beacon Capital buys Chicago office building AMA Plaza for $467.5 mln . PE Hub . 17 October 2016 . PEI Media . 5 June 2022.
10. Web site: Sarnoff . Nancy . Boston buyer spends $373M on Bank of America Tower . Chron . Houston Chronicle . 5 June 2022.
11. Web site: Chesto . Jon . New investor and focus on life science as massive re-do of former Globe building hits home stretch . Boston Globe . The Boston Globe . 5 June 2022.
12. Web site: Cole Real Estate Investments Acquires Microsoft Bing HQ in One of the Largest Real Estate Transactions of 2010 . July 12, 2010 . Business Wire . 2020-01-04.
13. News: Brookfield's CityPoint purchase completes.
14. News: Stiles . Marc . August 7, 2015 . Columbia Center sells to Hong Kong company for $711 million . Puget Sound Business Journal . August 8, 2015.
15. News: Bhatt . Sanjay . August 7, 2015 . Columbia Center sold to Hong Kong investors . The Seattle Times . August 8, 2015.
16. Web site: Hancock Tower put up for sale . Boston Business Journal . 4 June 2022.
17. Web site: Office building One Beacon Street sold for $561m . July 28, 2014 . Boston Globe . 2020-01-04.
18. Web site: 21 May 2019. Crystal City Office Tower Sells for $100M. live. https://web.archive.org/web/20190708181605/https://www.cpexecutive.com/post/crystal-city-office-tower-sells-for-100m/ . 2019-07-08 . 8 July 2020. Commercial Property Executive.
19. Web site: 24 February 2017. The Meridian Group adds to its footprint at Greensboro Metro. live. https://web.archive.org/web/20170226163436/http://www.bizjournals.com:80/washington/news/2017/02/24/exclusive-the-meridian-group-adds-to-its-footprint.html . 2017-02-26 . 8 July 2020. bizjournals.