Blue Capital invests in a portfolio of seven office buildings in suburban Maryland
Clients Blue Capital
Jones Day represented Blue Capital Investments, Inc. in the equity investment of $350 million in a portfolio of seven office buildings in suburban Maryland outside Washington, D.C. owned by affiliates of The JBG Companies, including buy-out of some partners, restructuring of partnerships, refinancing, and negotiation of new management agreements. Also, Jones Day assisted with the negotiation of joint venture arrangements with The JBG Companies for their continued investment in and management of the properties. This transaction was one of two transactions that, together, won Washington Business Journal's "Portfolio Transaction of the Year" Award for 2005.