Majority of Portfolio is Rated Silver or Above by WiredScore
BOSTON, July 17, 2015 — Beacon Capital Partners, LLC, a leading commercial office investor and manager, announced today that the majority of its Class A office properties located throughout the US have earned Wired Certifications of Silver or above through WiredScore, the first and only provider of a standardized rating system designed to identify and certify commercial buildings with the fastest and most reliable internet connections.
Wired Certification assists prospective office tenants in making more informed leasing decisions. The Wired Certification standards, used to measure and rate the internet connectivity of commercial office buildings, were established by experts in the technology, telecommunications and real estate industries, and have been adopted by many of the nation’s leading owners.
“Our goal is to provide our tenants with the highest-quality services and infrastructure,” said Sara Shank, Beacon Capital Partners Managing Director. “Companies require enhanced connectivity to conduct business effectively. That is why we are pleased to be the first company to partner nationally with WiredScore to evaluate -- and improve if necessary -- connectivity levels and to provide the best service possible for tenants.”
The criteria for Wired Certification include building connectivity, infrastructure and readiness of a building to upgrade in the future. Buildings undergo a thorough review by a technical team to validate the accuracy and completeness of connectivity data. Currently nearly 90% of Beacon’s US portfolio has earned a rating of Wired Certified Silver or higher. Beacon intends to attain a silver certification level or higher for all current and future properties it owns.
About Beacon Capital Partners
Beacon Capital Partners is a tenant-focused owner, operator and developer of high-quality, value-add office property investments in key urban markets including Boston; New York; Washington D.C./Northern Virginia; Chicago; Denver; Seattle/Bellevue; San Francisco and Los Angeles. Beacon and its predecessor companies have been actively involved in the real estate business for nearly 70 years. Since its formation in 1998, the firm has raised eight investment funds totaling $12 billion in equity from endowments, foundations, public and private pension funds, financial institutions, foreign and other institutional investors. For more information, visit www.beaconcapital.com.