Press Releases

BPG ANNOUNCES 4TH QUARTER LEASING ACTIVITY

<html xmlns="http://www.w3.org/1999/xhtml"> <head></head> <body> <p><strong>PHILADELPHIA, PA. – January 9, 2013</strong> – BPG Properties, Ltd., one of the nation’s leading private equity real estate fund managers, announced today that its operating affiliates have executed 1,319,666 square feet of new and renewal leases in 109 transactions during the fourth quarter of 2012. The announcement brings total 2012 leasing activity within the firm’s portfolio to 4,281,379 square feet.<br /><br /> Q4 Highlights from the Greater Philadelphia region include:<br /></p> <ul> <li>Sensors Unlimited-Goodrich ISR signed a long-term lease for 82,200 square feet at Carter Road located in Princeton, New Jersey. The tenant was represented by Milt Charbonneau of Cassidy Turley and William West and Jack Drescher of Ostendorf-Morris. Charles Hatfield of Cushman &amp; Wakefield represented the landlord.</li> <li>Heraeus Electro Nite Company renewed a lease for 10,036 square feet at Summit Square in Langhorne, PA.</li> <li>Bracket Global LLC signed an expansion for 9,486 square feet at Summit Square in Langhorne, PA. The tenant was represented by Reid Blynn of Newmark Knight Frank Smith Mack.</li> <li>Optinose Inc. signed a 5,466 square foot lease at 1010 Stony Hill Road in the Lower Makefield Corporate Center in Yardley, PA. The tenant was represented by David Healy of Jones Lang LaSalle.</li> <li>Jim Kinzig and Kim Harris of Aegis Property Group represented the landlords on all of the above transactions at Summit Square and Lower Makefield Corporate Center.</li> </ul> <p>Q4 National Highlights include:<br /></p> <ul> <li>Wells Fargo signed a 15-year lease totaling 477,800 square feet of office space at Metropoint in Minneapolis, MN. The transaction included the extension on 147,812 square feet of existing space and an expansion of 329,220 square feet of new office space. The tenant was represented by Steve Stratton, Bill Rogers, Tad Jellison, John Lorence, Chris Rohrer and Brian Ginkel of Jones Lang LaSalle Americas, Inc. Gordie Hampson and Jason Butterfield of Cushman &amp; Wakefield NorthMarq represented the landlord.</li> <li>Fenwall signed a long-term lease extension on 144,526 square feet at Kemper Lakes in Long Grove, IL. The tenant was represented by Scott Brandwein and David Saad of CBRE. David Florent and Steve Kling of Colliers International represented the landlord.</li> <li>Cambridge Isotope Laboratories signed a lease for 38,560 square feet at Highwood Office Park in Tewksbury, Massachusetts. The tenant was represented by Chris Lawrence of Jones Lang LaSalle. Matt Adams, Rich Ruggiero, Torin Taylor and Rory Walsh of Cushman &amp; Wakefield represented the landlord.</li> <li>Great Lakes Financial signed a lease for 31,391 square feet at Grand Oaks in Eagan, Minnesota, a suburb of Minneapolis. The tenant was represented by John Lorence and John Nigon of Jones Lang LaSalle. Mark Stevens of Cassidy Turley represented the landlord.</li> </ul> <p><strong><br /> </strong></p> <p><strong>About BPG Properties, Ltd.</strong><br /> BPG Properties, Ltd. is one of the nation’s leading private equity real estate fund managers. BPG’s 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.bpgltd.com.<br /></p> <p><strong>For more information, please contact <br /> </strong> Joseph Nahas, Jr, Vice President, 215-575-2363<br /><br /></p> </body> </html>