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Real Estate

Shorenstein Properties acquires One Oxford Centre

Shorenstein holds 24.8 million square feet of real estate nationwide, with properties in San Francisco, Los Angeles, New York, Boston, Chicago, Philadelphia, Denver, Houston and other cities.

Starting in 1992, Shorenstein has sponsored eleven closed-end investment funds with total equity commitments of $7.9 billion, of which Shorenstein committed $648.5 million, according to company’s website. These funds have invested in properties totaling 61.7 million square feet in transactions with a gross investment value in excess of $14.5 billion.

The company was founded by Walter Shorenstein, an adviser to Presidents Lyndon B. Johnson, Jimmy Carter, and Bill Clinton who died in 2010.

READ MORE: Shorenstein

Shorenstein - courtesy Shorenstein Properties

Douglas Shorenstein who is known as the second-generation leader of one of San Francisco’s real estate, died of cancer at his home. The 60-year-old real estate tycoon owns Shorenstein Properties that has More…

Shorenstein Properties Acquires Center Plaza In Central Boston For US$307 Million 2

– Shorenstein Properties has closed on the purchase of Center Plaza in central Boston, a 717, 000 square foot office and retail complex, centrally located in downtown Boston from Equity Office Properties Trust,  More…

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