Beacon Capital Partners Earns 2021 Fitwel Best in Building Health Awards® in Multiple Categories
Press Release
Beacon Capital Partners has been named as a winner of the Fitwel Best in Building Health Awards®, the flagship recognition program of the Center for Active Design (CfAD). Beacon’s commitment to creating healthy and sustainable buildings was recognized for:
Greatest Impact on Building Health: Across Fitwel’s Building Scorecards, Beacon impacts the most people with its improvements to promote building health.
Highest Score: 330 North Wabash, a 50-story landmark office building in Chicago, was the highest-scoring project in the Multi-Tenant Whole Building v2.1 (Built) category in 2020.
Most Certifications: Tied at the top spot, no property owner has more Fitwel certifications in 2020.
“Our responsibility as a real estate investor, property manager, and employer includes the well-being of our environment and communities,” said Beacon Capital Partners Managing Director Al Scaramelli. “We transform properties across our portfolio to create distinctive and healthy places for people to work. We are proud to have been recognized by Fitwel in several categories.”
Fitwel is a rigorous healthy building certification system operated by CfAD that sets the industry standard for evidence-based strategies to promote positive health outcomes for building occupants and communities.
Beacon was named a Fitwel Champion in 2020 as a building owner committed to using Fitwel at a portfolio scale. Beacon has completed certifications of 12 properties to date and has committed to certifying a minimum of 10 additional properties in 2021.
About Beacon Capital Partners
Beacon Capital Partners is a tenant-focused private real estate investment firm with a 75-year legacy of successful real estate development, ownership, and management. Beacon invests in high-quality office and life science properties in core markets with highly educated workforces. Beacon has refined a proprietary investment sourcing model and developed a robust operating platform to transform properties into distinctive workplaces that attract today's tenants. This hands-on approach transforms properties through innovative design, state-of-the-art connectivity, modern amenities, risk management, and award-winning sustainability initiatives. From Fortune 100 firms to the leading innovative and growth companies, Beacon’s tenants are proud to call its distinctive workplaces home. Beacon is headquartered in Boston with offices in Chicago, Los Angeles, Denver, New York, San Francisco, Seattle, and Washington, D.C.
Beacon has raised nine investment vehicles as well as multiple joint ventures and co-investments totaling over $19 billion in equity since 1998 from a diverse investor group including endowments, foundations, public, private, and foreign pension funds, financial institutions, and sovereign wealth funds. This equity has fueled over 190 office and life science investments with a projected total value of $44 billion (including leverage and JV partner equity). Through its funds and joint ventures, Beacon currently owns approximately 25 million square feet of office properties either under management or development.
For more information, visit www.beaconcapital.com.
About Fitwel and the Center for Active Design
Fitwel is the world's leading certification system committed to building health for all®. Generated by expert analysis of 5,600+ academic research studies, Fitwel is implementing a vision for a healthier future where all buildings and communities are enhanced to strengthen health and well-being. Fitwel was originally created by the U.S. Centers for Disease Control (CDC) and Prevention and U.S. General Services Administration. The CDC remains the research and evaluation partner for Fitwel. The Center for Active Design, a global not-for-profit organization, was selected as the licensed operator of Fitwel, charged with expanding Fitwel to the global market.
To learn more about Fitwel, please visit: www.fitwel.org.