EFTA02634794

From: Balfour Pacific Capital Inc. Sent: Wednesday, March 27, 20 : To: Jeffrey Epstein Subject: Balfour Acquires Phoenix Corporate Tower Balfo=r Pacific is pleased to announce that it has acquired Phoenix Corporate T=wer, as the final investment in Balfour Pacific Real Estate IV, LP.=C2 View t=is email in your browser Balfour Acquires Phoenix Corporate=Tower Balfour Pacific Capital Inc. ("Balfour Pacifi=") is pleased to announce that it has acquired Phoenix Corporate Tower,=as the final investment in Balfour Pacific Real Estate IV, LP. Th= 26-story Class B+ tower is a unique mid-century modern office tower of 4=7,893 SF located in the Midtown market of Phoenix, Arizona. The=building is adjacent to a light rail transit station with access to Centr=l Phoenix, Tempe and the Phoenix Sky Harbor International Airport. = It is directly across from the Park Central Mall, which is undergoing=a major redevelopment including the construction of the $100 million Crei=hton University medical school campus. The acquisition fits squarely within Balfour Pacific's value-add strategy-of investing in high-growth or undervalued U.S. markets at below replacem=nt cost. The building has been extensively upgraded, is located w=thin a rapidly growing amenity base, while still offering significant I=ase-up potential. The market fundamentals are improving in the Midt=wn market, which is partly fueled by inbound migration to Phoenix from=higher-cost states. Balfour Pacific is acquiring the property in partnership with Ryan Compani=s, which recently completed a two million-SF office development in Ariz=na, the largest in the state's history. "Ryan Companies is a lead=r in the Phoenix market, and it has an exceptional track record through=ut the country. We are pleased to be partnering with them," comme=ted Mark Scott, Managing Partner of Balfour Pacific. Alisa Timm=2C Ryan Companies' Regional Director of Management and Building Services=added "Balfour's keen eye for investments that have exceptional potential=aligns with our strengths in cost-effective operations and developing cre=tive leasing strategies." About Balfour Pacific Balfour Pacific is a Vancouver-based private equity real estate firm focus=d on value-add investments in the United States. Should you wish to=learn more about Balfour Pacific or this transaction, please visit our=website, www.balfourpacific.com <https://balfourpacific.usalist- manage.com/track/c=ick?u=3abb2Odaa1c06ef0a346a9ed7&id=3ac3e4dbed&e=82cdd0772e> . =span style="font-size:10px">The information in this email is not defini=ive investment advise, should not be relied on as such, and shou=d not be viewed as a recommendation to invest. This document i= not an offer or solicitation to buy or sell interests in BPRE Fund IV (or in any other fund vehi=le), which is no longer open for investment to new investors. The information in this email should be considered=current only as of the date of its dissemination. This email is con=idential and intended solely for the use of the individual or entity to w=om it is addressed. You must not copy,=send, forward, distribute or publish this email, or any part of it=2C without Balfour's prior written consent. If you EFTA_R1_01859965 EFTA02634794 have rece=ved this email in error please notify the system manager and Balfour and=refrain from disclosing, copying, distributing or taking any action i= reliance on the contents of the email. Notice to investors in the=European Economic Area ("EEA"): This email doe= not constitute an offer of interests in BPRE Fund IV to investors domici=ed or with a registered office in the EEA.&nbs=; None of BPRE Fund IV, its general partner or any of their resp=ctive affiliates intends to engage in any marketing (as defined in the Al=ernative Investment Fund Managers Directive) in the EEA with respect to i=terests in BPRE Fund IV. Receipt=of this email by an EEA investor is solely in response to a request for i=formation about BPRE Fund IV which was initiated by such investor. Any other receipt of this email is in er=or and the recipient thereof shall immediately return to BPRE Fund IV, or destroy, this email without=any use, dissemination, distribution or copying of the information se= forth in this email. <=span> = = <https://balfourpacific.usl5.list- manage.com/track/cl=ck?u=3abb20daa1c06ef0a346a9ed7&id=810826324c&e=82cdd0772e> = </=r> = = <https://cdn-images.mailchimp.com/icons/social-b=ock-v2/color-link-48.png> = </=r> --> Copyright © 2019 Balfour Pacific Capi=al Inc., All rights reserved. Second City Real Estate and Gibralt Capital Our mailing address is: Balfour Pacific Capital In=. 1075 West Georg'. Street, Suite 2600 Vancouver, <=pan class="region">BC V6E 3C9 Canada Add us to your address book <https://bal=ourpacific.usl5.list- manage.com/vcard?u=3abb20daa1c06ef0a346a9ed7&id==9597294c1> Want to change how you receive these emails? 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