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Beacon Capital Partners is an American real estate investment firm based in Boston, Massachusetts. [1] It was founded in 1998, after Beacon Properties, Inc., Beacon's predecessor, was acquired by EQ Office in a $4 billion transaction. [2] [3] The company focuses on office and life science properties in major markets across the United States. [4]
Alan M. Leventhal (born 28 July 1952) [1] is an American businessman who had served as the United States ambassador to Denmark from 2022 to 2025. He is the founder, chairman and chief executive officer of Beacon Capital Partners. [2]
The closed Mad Man Furniture store, as seen July 2, is part of former Trevino Outlet Mall being demolished for 12.5-acre retail pads center with fast-food outlets, Mister Car Wash, other ...
Norman B. Leventhal (August 30, 1917 – April 5, 2015) was an American businessman, the chairman of The Beacon Companies, a developer and manager of office buildings, housing, and hotels. Leventhal was best known for his work in civic improvements to the city of Boston, and consequently had a park named after him of which he oversaw the creation.
In April 2007, the company sold its portfolio in Washington, D.C. to Beacon Capital Partners for $6.5 billion. [10] Later in 2013, the company acquired the Hughes Center, an office and retail development in Las Vegas, for $347 million. [11] In January 2014, the company sold 1-3 Center Plaza in Boston to Shorenstein Properties for $307 million. [12]
On December 21, 1998, Levitz announced it would close 27 stores and lay off 25% of its workforce. The company downsized its warehouse system from 65 to 17 sites. [4] The furniture market underwent a prolonged nationwide downturn after the September 11 attacks, and was hurt again in late 2007 by the 2007 subprime mortgage financial crisis. [5]