Media Placements

Minnesota Real Estate Journal BPG Properties buys Eagan's Grand Oak Business Park December 7, 2007 Chicago-based BPG Properties Ltd. has acquired the Grand Oak Business Park in Eagan from Interstate Partners. The purchase was made on behalf of BPG Investment Partnership VIII LP, a private equity fund with total equity commitments of $850 million. Read full article

Pioneer Press Eagan office park changes hands December 6, 2007 A private real estate firm is making an $80 million investment in Eagan.
BPG Properties Ltd. will pay $80.1 million for the Grand Oak Business Park adjacent to interstates 494 and 35E and highways 149 and 55. Current owner Interstate Partners has been developing the 10-building campus since 1999, adding a three-story office location this year. Read full article

Finance and Commerce Ten-building complex in Eagan is 91.5 percent leased By Burl Gilyard December 6, 2007 Philadelphia-based BPG Properties Ltd. entered the Twin Cities market last year with a deal to buy Interchange Office Park in St. Louis Park, now renamed Metropoint. Last Friday, BPG closed on its second local deal: the $80.1 million purchase of Grand Oak Business Park in Eagan. Read full article

GlobeSt.com BPG Fund Buys 10-Building Campus for $80M December 4, 2007 EAGEN, MN-BPG Properties Ltd., on behalf of its $850-million BPG Investment Partnership VIII LP equity fund, has purchased the 10-building Grand Oak Business Park here. The property, which includes eight office buildings and two retail sites, was bought from Interstate Partners LLC for $80.1 million. Read full article

Minneapolis / St. Paul Business Journal BPG closes $80M office deal December 3, 2007 BPG Properties has closed on its $80.1 million purchase of a half-million square feet of Eagan office space from Interstate Partners. Read full article

Press Releases

Minneapolis Real Estate Brokers Face Off at Inaugural Chair Hockey Challenge August 27, 2008

BPG Properties, Ltd. (“BPG”), one of the nation’s leading private equity real estate fund managers, welcomed a large crowd of Minneapolis-area real estate brokers to Grand Oak Business Park earlier this summer for its inaugural Chair Hockey Challenge. Teams competed for bragging rights and prizes. Read full article

BPG Properties, Ltd. Acquires Grand Oak Business Park in Minneapolis for $80.1 million December 3, 2007

BPG Properties, Ltd. (“BPG”), a private equity real estate fund manager, announced today the acquisition of Grand Oak Business Park in suburban Minneapolis. The purchase was made on behalf of BPG Investment Partnership VIII, L.P., a fully discretionary private equity fund with total equity commitments of $850 million. Read full article