Equity Source: Whitehall Street Real Estate Fund

Archon opportunistic investments seek office and industrial acquisition opportunities where value can be increased through more efficient management, recapitalization, development, redevelopment and/or repositioning. Archon can work as a sole developer or in joint ventures. With full-service construction management capabilities, Archon delivers cost-effective, build-to-suit facilities and will consider speculative development in key markets.

Property Name Beacon Portfolio City Seattle State WA Size 2,600,000 SF Year Built 1974-1989 Click on Image

Beacon Portfolio Details » Acquired a 3.4m SF, 15-asset portfolio in April 2007 located in Seattle and Bellevue. After the sale of 4 assets, the portfolio now consists of 11 assets totaling 2.6m SF. » The portfolio consists of well located, Class A assets in Seattle CBD, Bellevue CBD, and suburban Bellevue. » A consistent rollover schedule combined with substantially increased market rental rates allow for the opportunity to mark-to-market expiring tenants over our hold. » Archon role: Acquisition, Asset Management, Oversight of External Leasing and Property Management.