More Information On Who Is Buying 11 State Office Buildings
Besides the two principal partners slated to purchase 11 state office buildings – some 7 million square feet – for $2.3 billion, there are an additional nine equity investors involved in the deal.
In assessing the bid of Antarctica Capital Real Estate, an entity formed to bid on the buildings, and Houston-based Hines Interests, the state focused mainly on a simple determination of whether the team of investors was able to come up with the $2.3 billion.
For example, a spokesman for the Department of General Services said the state did not examine any of the nine additional investors with the scrutiny of a recent California’s Capitol post about Capital Pacific Holdings, Inc. one of the nine.
Here are the names of the other eight additional investors linked to information about them culled from a quick Internet search :
Woodmont Capital Partners (No direct hit for Woodmont Capital but Woodmont Real Estate Services seems a likley affiliation.)
AE Capital Advisers — Access Capital Advisers is the world’s seventh largest infrastructure manager. It’s London office is called AE Capital Advisers Limited. It’s New York office, AE Capital Advisors LLC.
GreenSpace Developments — The woman/minority owned firm needed to qualif as a bidder on nearly all state contracts.
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