San Francisco, CA (July 7, 2017) – Newcastle Partners, a West Coast-based full-service commercial real estate investment and development company, in connection with Westport Capital Partners, a real estate investment firm specializing in distressed, opportunistic and core plus real estate investing, has announced the formation of a Joint Venture for the acquisition of a two-story creative office building located at 5830 Rodeo Road in Los Angeles. The Joint Venture acquired the 40,000-square-foot office building from a commercial property user who has owned the building for approximately 30 years and is planning a full -scale renovation of the property. First Property Corporation, Mike Geller and Josh Bernstein, will handle the leasing assignment with Shubin Donaldson and Del Amo Construction executing the property repositioning.
SALT LAKE CITY – Westport Capital Partners, on behalf of certain funds it manages, today announced a lease with University of Utah Health for the investment firm’s new Sugar House development located at 2290 South 1300 East. U of U Health will occupy one of two office buildings in the new project as the sole tenant of 170,000 square feet in the building on the southeast corner of the development.
Wilton, CT, June 19, 2017 — Real estate investment firm Westport Capital Partners LLC (“Westport”) announced today that an entity owned by certain funds it manages has closed on the purchase of 2000 Corporate Ridge Road in Tysons Corner, VA from a special servicer that had foreclosed upon the building in 2015. The building was acquired at an approximately 70% discount to the price the building last sold for in 2006.
WILTON, Conn.–(BUSINESS WIRE)–Westport Capital Partners LLC (“Westport” or “WCP”), the independent real estate investment advisor, today announced that it has named two new executives to its team. Erin Kerr has joined the firm as Vice President, Investor Relations, and Kevin McTavish has been named a Director of Westport Capital Partners (UK) LLP.
LAS VEGAS – May 22, 2016 – Westport Capital Partners LLC is pleased to announce Salt Point, a new development located in western Weber County, Utah, opening in Fall 2017. Salt Point is a 77-acre mixed-use development featuring over 400,000 sq. feet of proposed retail. The land was purchased by an entity owned by certain funds managed by Westport Capital Partners LLC.
Currently, residents of West Haven must travel more than 15 minutes to the closest grocery store. Salt Point will be home to several amenities to serve the rapidly growing area providing residents with access to shopping, dining and entertainment within minutes.
Blitz’s project for Westport Capital Partners LLC (“Westport”) includes the complete renovation of two office buildings on the 150,000 SF Marina Landing campus in Brisbane, California, located just seven miles south of San Francisco. The goal of the building repositioning was to transform the location into a sought after creative office and campus strategic building.
Both buildings, which have remained vacant for more than four years prior to the renovation, underwent a complete exterior and interior repositioning. Blitz created a cohesive campus design that visually unifies the two buildings and fosters an instantly recognizable identity.
Completes First Acquisition with $11.1 Million Purchase of Pentagon Medical Office Building in Columbus, Ohio
New York, NY (July 21, 2016) – An affiliate of WESTPORT CAPITAL PARTNERS LLC, a real estate investment firm, and EVEREST WP, LLC, a real estate investment firm, today announced that they have formed a joint venture partnership (the “Company”).
FOR IMMEDIATE RELEASE
Priority List Being Generated as The Kor Group Begins Pre-Leasing for 89 Luxury Apartments This May
SANTA BARBARA, CA (March 17, 2016) – The first new multi-family residential community to be built in Santa Barbara in close to 30 years is now underway with pre-leasing beginning in May for modern luxury apartments with designer finishes and unique indoor-outdoor amenities at The Marc.
STAMFORD, CT – January 25, 2016 – CBRE Group’s Westchester/Fairfield County office announced today that it has been named leasing agent for 140 and 150 Grand Street in White Plains, New York. The team of Michael McCall, Kevin McCarthy and Morgan Collins are handling the assignment.