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FOR THE FIFTH CONSECUTIVE YEAR, BENTALL KENNEDY, THROUGH ITS WORK ON BEHALF OF MEPT, WAS AWARDED THE ENERGY STAR PARTNER OF THE YEAR AWARD BY THE U.S. ENVIRONMENTAL PROTECTION AGENCY (EPA) IN MARCH.
In addition, Bentall Kennedy received the prestigious Sustained Excellence Award for the third year in a row...

IN JANUARY, MEPT RECEIVED TOTAL GROSS PROCEEDS OF $91.3 MILLION FOR THE SALE OF TWO ASSETS IN SUBURBAN LOS ANGELES —CORPORATE POINTE AND DEVRY AT WEST HILLS.
MEPT targeted the 11-building, 987,428 square-foot office park in the northwest San Fernando Valley for sale because it was not a long-term strategic asset for the portfolio and had low occupancy...

IN FEBRUARY, MEPT RECEIVED TOTAL GROSS PROCEEDS OF $59.5 MILLION FOR THE DISPOSITION OF CABRILLO TECHNOLOGY CENTER IN SAN DIEGO.
MEPT built the 285,585 square-foot office building in 1999 and the property performed well for the Fund over the years...


MEPT Sells Greenspoint Office Park for $23.5M
Multi-Employer Property Trust sold three office buildings in Hoffman Estates, IL, to the Teachers Retirement System of Illinois for $23.5 million, or approximately $47 per square foot…

MEPT Gains $105M Loan for 200 W. Madison Tower
Multi-Employer Property Trust has gained $105 million in financing for the 45-story 200 West Madison office tower from Prudential Mortgage Capital Co.…

Sales
Multi-Employer Property Trust announced the purchase of Parkway Village, a 134,000-square-foot shopping center…Parkway Village is 96 percent leased to 29 tenants and is anchored by Kroger…



 

Philosophy

Since its inception in 1982, MEPT's philosophy has been to create a diversified portfolio of institutional-quality, income-producing real estate to provide competitive long-term risk-adjusted investment returns, an investment vehicle with flexibility and liquidity so that investors can easily increase or decrease participation in the Fund, and the collateral benefit of job creation.

The result of this commitment is a diversified portfolio of primarily new construction, 100% union-built, high-quality real estate properties in major metropolitan markets around the country that produce strong and stable current income and superior returns for investors. The development of this portfolio has created over 67 million job hours and more than $13.3 billion of economic activity in investor communities.

 

$5.65
BILLION
in net assets

136
TOTAL
number of investments

357
TOTAL
participating
pension plans



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