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IN THE THIRD QUARTER, MEPT ACQUIRED 200 WEST MADISON, A 928,040 SQUARE FOOT, CLASS A OFFICE BUILDING IN CHICAGO’S WEST LOOP NEIGHBORHOOD, FOR A TOTAL PRICE OF $217.5 MILLION
The acquisition helps MEPT achieve its strategic objective of increasing the Fund’s allocation to central business district offi ce assets as it reduces its suburban offi ce weighting. Th e 45-story building has excellent access to public transportation; is a short walk to restaurants...

IN SEPTEMBER, MEPT ACQUIRED PENN MAR SHOPPING CENTER FOR A GROSS PURCHASE PRICE OF $60.2 MILLION
Penn Mar Shopping Center, a 387,028 square foot grocery-anchored center, is located in a densely populated submarket of Washington, D.C., which has solid demographics. Th e retail asset is 95 percent leased to a mix of discount and convenience retailers. Anchored by Shoppers Food & Pharmacy, Penn Mar Shopping Center’s other retailers include Burlington Coat Factory, Dollar Tree, Staples, Party City and Petco...

MEPT ACQUIRED ENSO PEARL DISTRICT IN PORTLAND, OREGON DURING THE QUARTER FOR A GROSS PURCHASE PRICE OF $55.5 MILLION
The acquisition of Enso Pearl District furthers MEPT’s strategic plan to acquire transit-oriented, multi-family assets in urban, infi ll locations that are attractive to the “Echo Boom” population. Enso Pearl District’s unit mix is weighted to studio and one-bedroom units, which fi ts well with this demographic...


MEPT Pays $218M for Chicago's 200 W. Madison
Multi-Employer Property Trust has purchased of 200 W. Madison, a 928,040-square-foot class A office building in Chicago's West Loop neighborhood, for $217.5 million…

BVT Sells 10 Southeast Centers
BVT Management Service Inc. finalized the sale of an 842,255 square foot retail portfolio to Multi-Employer Property Trust, a $4.7 billion real estate equity fund…

Deluxe Media Leases 229,000 SF for Logistics
Deluxe Media Management has leased a 229,450-square-foot industrial building at Vista Business Park in Valencia here from Multi-Employer Property Trust in what is believed to be the largest industrial building lease in the Santa Clarita/San Fernando Valley area this year.

 

 

as of 12/31/11
Net of Fees Trailing 4 Quarters (compounded) Gross of Fees Trailing 4 Quarters (compounded)
Total 2.50% 12.99% 2.73% 14.00%
Income 1.07% 4.41% 1.30% 5.35%
Appreciation 1.43% 8.31% 1.43% 8.31%
 

Multi-Employer Property Trust (MEPT) is an open-end commingled real estate equity fund that invests in a diversified portfolio of institutional-quality real estate assets in the United States. Founded in 1982, MEPT now has over $5.42 billion in net assets and has become one of the largest real estate equity funds in the US.

MEPT's portfolio consists of 150 investments in 30 major metropolitan markets across the US. MEPT’s seasoned management team has created a diversified portfolio of top-quality, core, income-producing assets through acquisition, development, rehabilitation, or repositioning of undervalued assets. The Fund invests in office buildings, warehouses, flex/research and development facilities, apartments, retail centers, and hotels.

For over 29 years, MEPT has consistently delivered competitive and stable returns for its investor base—now 358 pension plans— through an investment vehicle that offers strong governance and liquidity. In addition, MEPT is recognized as a pioneer in responsible property investing—it is the largest commingled real estate fund in the US that is signatory to the UN Principles for Responsible Investment (UN PRI). MEPT is an acknowledged leader in the USGBC's LEED green building and the EPA's ENERGY STAR programs and has, since inception, maintained a Responsible Contractor Policy that requires that all contractors working on its portfolio properties be signatory to collective bargaining agreements with legitimate trade unions.



   
 
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