Press Releases

ANNOUNCES SALE OF HIGHVIEWIN COLLEGEVILLE, PA FOR $33,000,000

<html xmlns="http://www.w3.org/1999/xhtml"> <head></head> <body> <p><strong>PHILADELPHIA, PA – (March 26, 2013)</strong> – Equus Capital Partners, Ltd. (Equus), formerly BPG Properties, Ltd., one of the nation’s leading private equity real estate fund managers, announced today the sale of Highview at Providence Corporate Center, a two building Class A office center, located in Collegeville, Pennsylvania.&#160; The 183,363 square foot office center is located immediately off the interchange of Route 422 and 29 with easy access to recently developed Providence Town Centre.<br /><br />Jim Vesey and Doug Rodio of Jones Lang LaSalle of Philadelphia represented the seller in the transaction.<br /><br />An affiliate of Equus developed the two buildings in 2003 as part of a build-to-suit lease transaction for 100% of the space with Wyeth Pharmaceuticals.&#160; The buildings were vacated by Wyeth in August 2010 after the company was acquired by Pfizer.&#160; In October 2010, IMS Healthcare back-filled 87 percent of<br />the former Pfizer space by signing a long term lease at the complex.<br /><br />Highview I is a three-story, 78,564 square foot office building and Highview II is a four-story, 104,799 square foot office building. Both buildings are located within Providence Corporate Center, a 121-acre master planned corporate campus.<br /><br /><strong>About Equus Capital Partners, Ltd.</strong><br />Equus Capital Partners, formerly BPG Properties, Ltd. is one of the nation’s leading private equity real estate fund managers.&#160; Equus’ portfolio consists of over 24 million square feet of office, retail, student housing, and industrial properties and more than 18,000 apartment units in over 70 communities located throughout the United States. The firm is headquartered in the Philadelphia area with regional offices in Los Angeles, Chicago, Washington DC, Boston, Atlanta and Raleigh-Durham. For additional information, please visit the company’s website at www.equuspartners.com.<br /><br /><strong>For additional information on the company, please contact:</strong><br />Joseph Nahas, Jr, Vice President, 215-575-2363<br /></p> <p><strong>For additional information on the property, please contact:</strong><br />Robert Cook, Vice President, 215-575-2485<br /><br /></p> </body> </html>