Category: Press Releases (Page 2 of 5)

Westport Capital Partners Acquires Tysons Corner, VA Office Property, Plans Renovations, Upgrades for 2000 Corporate Ridge Road

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.

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Westport Capital Partners Adds Key Executives in Connecticut and London

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.

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Everest Medical Core Properties and an Affiliate of Westport Capital Partners Form Company

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”).

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First Multi-Family Residential Building in 30 Years Debuting Later This Year on State Street

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.

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CBRE Westchester/Fairfield County Office Appointed Leasing Agent for 140 and 150 Grand Street in White Plains, New York

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.

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Mission Capital Advisors Arranges $24.5 Million in Bridge Financing for Office Building in Stamford

National Firm Demonstrates Continued Ability to Secure Capital for Value-Add Office Properties Across the Country

STAMFORD, Conn. (Jan. 4, 2016) — Mission Capital Advisors, a leading national real estate capital markets solutions firm, today announced that its Debt & Equity Finance Group has arranged a $24.5-million loan for Nine West Broad Street, a 191,000-square-foot office property located in Stamford, Connecticut.

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Westport Capital Partners Sells Fully Leased Washington DC Office Building

FOR IMMEDIATE RELEASE
Transwestern Represents Seller in Disposition of 128,571 SF, Class A Building

(NOVEMBER 30, 2015 – WASHINGTON) – Transwestern today announces it brokered the disposition of 1250 23rd St. NW, a 128,571-square-foot, Class A office building in downtown Washington, D.C.’s West End submarket. Transwestern’s Mid-Atlantic Capital Markets Group, led by Executive Managing Director Gerry Trainor, represented W/G 1250 23rd Street NW LLC, an entity owned by certain affiliates of a partnership led by Westport Capital Partners LLC, in the transaction.

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Marketfair Shopping Center Unveils Three New Tenants Joining its Skibo Road Plaza

Retro Candy Shop, Military Bank and Air Force Recruiting Location Projected to Open Spring 2016

Fayetteville, North Carolina – Oct. 20, 2015 – Marketfair shopping center is welcoming three new tenants to its redeveloped retail, dining and cinema destination, which is located at 1916 Skibo Rd. Rocket Fizz, Pioneer Services and The Air Force Recruiting are all confirmed to open in the centrally located Fayetteville shopping plaza in the spring of 2016.

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Store Here Closes Third Quarter With $25.5 Million in Acquisitions

FOR IMMEDIATE RELEASE
Store Here, LLC, a joint venture between certain affiliates of Westport Capital Partners LLC and Store Here Management LLC, has purchased five facilities in Georgia and one in Indiana. Store Here Management LLC will manage the properties.

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Westport Capital Partners LLC Announces Acquisition of Goodwin Square in Hartford

Capital Expenditures Planned to Improve Iconic Office Tower, Hotel and Atrium, Drawing New Tenants and Foot Traffic

WILTON, CT – June 24, 2015 — Real estate investment firm Westport Capital Partners LLC (“Westport”) announced today that an entity owned by a fund managed by Westport has acquired Goodwin Square in downtown Hartford with co-investors Brian Kohn and Steve Kohn. Goodwin Square includes the 30 story office tower and the Goodwin Hotel.

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