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  IN JANUARY, MEPT ACQUIRED RENO INDUSTRIAL CENTER LAND FOR $10.3 MILLION
in Reno, Nevada. The 104 acres of developable land is located in the Tahoe Reno Industrial Center (TRIC), where MEPT acquired USA Parkway Distribution Center I and II in December 2007. MEPT purchased the land to serve as expansion space for tenants at USA Parkway Distribution Center


MEPT ACQUIRED 20 NORTH CLARK STREET FOR $58.9 MILLION IN FEBRUARY.
The 383,030 square foot office building is located in Chicago’s Central Loop submarket with easy access to multiple public transportation alternatives, including the elevated train, suburban and commuter rail lines, and numerous bus lines.


Trammell Crow acquires 104 acres in Tahoe-Reno Industrial Center
Trammell Crow Company has acquired 104 acres of land within the Tahoe-Reno Industrial Center in McCarran, Nev., on behalf of Multi-Employer Property Trust (MEPT), a commingled real estate equity fund.

Strong capital helps venture win 20 N. Clark
A joint venture between local developer Hamilton Partners and a giant pension fund paid nearly $59 million for 20 N. Clark St., a nondescript office tower in the Central Loop, in a deal that reflects the strength of well-financed buyers amid the long, drawn-out credit crisis.

Booz Allen Hamilton Inc. Signs Five-Year Lease
Booz Allen Hamilton Inc., a McLean, VA-based consulting company, has signed a five-year lease for 11,584 sf at Columbia Center I. The deal bumps occupancy to 94%.

 

Press Coverage - 2008
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Publication   Headline: Short Excerpt   Date
GlobeSt.com

 

Trammell Crow acquires 104 acres in Tahoe-Reno Industrial Center
Trammell Crow Company has acquired 104 acres of land within the Tahoe-Reno Industrial Center in McCarran, Nev., on behalf of Multi-Employer Property Trust (MEPT), a commingled real estate equity fund.

  Mar. 26, 2008

GlobeSt.com

 

Booz Allen Hamilton Inc. Signs Five-Year Lease
TROY, MI-Booz Allen Hamilton Inc., a McLean, VA-based consulting company, has signed a five-year lease for 11,584 sf at Columbia Center I. The deal bumps occupancy to 94%. The 251,620-sf building at 201 W. Big Beaver Rd. is owned by the Multi-Employer Property Trust, which is managed by an asset management firm based in Washington, says Doug Krieger, senior associate with CB Richard Ellis in Detroit. .

  Mar. 26, 2008
Crain's Chicago Business News  

Strong capital helps venture win 20 N. Clark
A joint venture between local developer Hamilton Partners and a giant pension fund paid nearly $59 million for 20 N. Clark St., a nondescript office tower in the Central Loop, in a deal that reflects the strength of well-financed buyers amid the long, drawn-out credit crisis. Itasca-based Hamilton and the Washington, D.C.-based Multi-Employer Property Trust paid all cash for the 36-story structure in a deal that closed March 6, property records show .

  Mar. 19, 2008
CoStar
 

Avenue A Razorfish Inks Deal at 303 2nd St.
Avenue A Razorfish, an online marketing company, signed a seven-year lease for 42,659 square feet at 303 2nd St. in San Francisco. Jim Dublin and Ze Figueirinhas of Jones Lang LaSalle represented the tenant, while Christopher Roeder and Theodore Davies of JLL in San Francisco represented the landlord, Multi-Employer Property Trust.

  Mar. 4, 2008
CoStar
 

National Research Group Expands in Alexander Park
Mathematica Policy Research Inc. (MPR) inked a 10-year renewal and expansion lease for 107,154 square feet at 600 Alexander Park in Princeton, NJ. Carolyn Sica and Adam Englander of CB Richard Ellis represented the landlord, New Tower Multi-Employer Property Trust. Robert Morford of Morford & Dodds Realty Inc. represented the tenant

  Feb. 11, 2008
Portland Business Journal
 

Industrial Action
Coffee Bean International Inc. has leased 114,000 square feet of industrial space at 9120 N.E. Alderwood Road. Scott Kappes of Capacity Commercial Group represented the landlord, NewTower Trust Co., a multi-employer property trust. Gary Randles of Cushman & Wakefield represented Coffee Bean

  Jan. 28, 2008

GlobeSt.com

 

Dentemax Takes 43,676 SF at Riverside Center
SOUTHFIELD, MI-Dentemax, the dental insurance subsidiary of Blue Cross Blue Shield of Michigan, has leased 43,676 sf of office at the 200,000-sf Riverside Center here. The 66%-occupied building is owned by NewTower Trust Co. Multi-Employer Property Trust

  Jan. 23, 2008
CoStar
 

Beverly Healthcare Leases North By Northwest Space
Beverly Healthcare LLC, a nursing center firm, signed a deal to take 32,826 square feet at 8460 Bearing Drive, at North By Northwest in Indianapolis. North By Northwest III is a 207,220-square-foot industrial building that was completed in 1994. The property features 24-foot ceilings and four drive-in bays. New Tower Multi-Employer Property Trust, which is based in Washington, DC, owns the building.

  Jan. 16, 2008



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