Marcus Partners in the news.
Marcus Partners Completes Sale of Fairview Park Office Buildings to Vanderbilt Office Properties
Core, Stable Cash-flowing Assets Revered During Period of Uncertainty
Marcus Partners Improves and Sells 300 Mass Ave in Boston
Marcus Partners has sold 300 Massachusetts Avenue (“Horticultural Hall”), an architecturally distinctive 45,000 SF mixed-use property located at the intersection of Huntington Avenue and Massachusetts Avenue in Boston’s Back Bay to Northeastern University.
Marcus Partners Announces Completion of $25M Transformation of 5 Branch in Methuen, MA
Marcus Partners, a real estate investment, management and development firm, today announced the completion of a $25M redevelopment of 5 Branch Street, a 94,125 square foot office building in Methuen, MA.
Marcus Partners Signs More Than 70,000 Square Feet of Leases at Fairview Park
Marcus Partners announced that Balfour Beatty, an international commercial construction company, has signed a lease for approximately 20,000 square feet at 3180 Fairview Park in Falls Church, VA. Additionally, Capital Caring Health recently occupied more than 50,000 square feet in the building for its corporate headquarters. Together, these tenants bring the newly renovated campus to 90% leased.
Marcus Partners Sells 8 & 10 Wright Street in Westport, CT
Marcus Partners has completed the sale of 8 & 10 Wright Street, a Class A office complex in Westport, Conn. to WFF Westport TT, LLC for more than $30 million. The property is currently 94 percent leased and consists of two office buildings totaling 83,964 square feet.
142,352 Square Feet of Leases Concluded at 44 Whippany Road
Four new leases and a renewal reflect strong demand at the newly renovated 44 Whippany Road, a property owned by an affiliate of Marcus Partners. CUSHMAN & WAKEFIELD serves as exclusive leasing agent for the 230,000-square-foot, Class A office property. Last year, the property underwent a $7 million capital improvement program.
Marcus Partners Acquires Jefferson Building in Washington D.C.
Marcus Partners, a value-oriented real estate investment, management and development firm, today announced the acquisition of the Jefferson Building, a 73,000-square-foot, boutique office building, located at 1225 19th Street Northwest in the Golden Triangle neighborhood of Washington, D.C.’s Central Business District (CBD).
Marcus Partners Acquires 10-12 East 33rd Street in Midtown South’s NoMad District
Marcus Partners, a value-oriented real estate investment, management and development firm, in partnership with Dalan Management, today announced the acquisition of 10-12 East 33rd Street, two adjoining 12-story boutique office buildings in Midtown South’s NoMad district, for $54.5 million. The buildings each contain approximately 35,000 square feet with 2,000 square feet of retail on the ground floor.
Davis Marcus Partners to Develop 220,000 SF Lab and Office Building for Alkermes in Waltham, MA
Real estate investment firm to deliver a customized facility for leading biopharmaceutical company.
Marcus Partners Acquires CSRA Headquarters; Opens Metro Washington D.C. Office
Marcus Partners, a value-oriented real estate investor, developer and operator, today announced the acquisition of 3170 Fairview Park, a 275,000 square foot Class A office complex formerly owned by CSRA, a leading provider of information technology services. Completed as a sale-leaseback, CSRA will continue to occupy a portion of the property, while leaving approximately 100,000 square feet available for lease.
Marcus Partners Purchases 300 Massachusetts Avenue in Boston
Plans Transformational Interior Upgrades at Iconic Property.
Marcus Partners Purchases 44 Whippany Road in Morristown, NJ Plans Transformational Repositioning Program
Marcus Partners is pleased to announce the acquisition of 44 Whippany Road, a 229,157 SF first class office building in Morristown, NJ for its newest fund, Marcus Capital Partners Fund II, L.P. Over the last three and a half years, Marcus Partners has purchased over 1 million square feet of commercial real estate in New Jersey alone, including both office and life science properties.
Media giant Hearst relocates regional headquarters to 7 Merritt Park
Clarion Partners and Marcus Partners announced that Hearst signed a new long-term lease for 30,251 s/f at Merritt 7 Corporate Park, the six building, 1.4 million square foot office complex in Norwalk.
Quest Diagnostics to Relocate Headquarters to 500 Plaza Drive in Secaucus, NJ
Marcus Partners, a value-oriented real estate investor, announced today that Quest Diagnostics Incorporated, (NYSE: DGX), the world’s leading provider of diagnostic information services, has signed a 130,200 square foot long term lease on the top four floors of 500 Plaza Drive in Secaucus, NJ, which will serve as the company’s new headquarters location.
Marcus Partners Announces Sale of 8 King Road in Rockleigh, New Jersey
Marcus Partners is pleased to announce that Marcus Capital Partners Fund I, L.P. has completed the sale of 8 King Road in Rockleigh, New Jersey.
Marcus Partners Announces Acquisition of Park Plaza I in Rockville, MD
Marcus Partners, announced today the acquisition of Park Plaza I (Rockville, MD) through its most recent fund, Marcus Capital Partners Fund II, L.P.
Ameriprise Holdings Signs 7,640 SF Lease at 10 Wright Street in Westport, CT
Marcus Partners, a value-oriented real estate investor, announced today that Ameriprise Holdings has signed a long term lease at 10 Wright Street, a property owned by an affiliate of Marcus Capital Partners Fund II, L.P.
$345 Million in Financing Secured for Charles River Plaza North Adjacent to Massachusetts General Hospital in Boston
Marcus Partners and The Davis Companies announced today that they have obtained $345 million in first mortgage and mezzanine financing for Charles River Plaza North, a 354,594-square-foot, state-of-the-art office/research building adjacent to and long-term leased by Massachusetts General Hospital (MGH) in Boston, Massachusetts.
Marcus Partners Announces Sale of 6 Armstrong Road in Shelton, CT
Marcus Partners is pleased to announce that Marcus Capital Partners Fund I, L.P. has completed the sale of 6 Armstrong Road in Shelton, Connecticut. Marcus Partners purchased the 175,000 SF office property in 2012.
Marcus Partners Purchases Park Plaza II in Rockville, MD
Marcus Partners announced today the acquisition of Park Plaza II (Rockville, MD), through its most recent fund, Marcus Capital Partners Fund II, L.P.