Boston & New England + Healthcare | March 23, 2021

Top Life Science Broker Steve Purpura Joins Beacon Capital in Boston

Steve Purpura

Steve Purpura, the head of CBRE’s Boston Consulting Practice and northeast Life Science Practice, has left the firm to join Beacon Capital Partners’ life science platform. Purpura has been widely credited as one of the guiding forces behind the Boston area’s growth into the nation’s life science epicenter.

Purpura has been named president of Beacon Capital Partners’ life science platform. Beacon currently manages 2.6 million square feet of life sciences properties in Boston, Philadelphia, San Francisco and Seattle.

While at CBRE, Purpura oversaw more than 110 employees in the northeast. The brokerage firm’s life science practice reportedly said it has been involved in more than 15 million square feet of life sciences deals in the past five years alone. Purpura has also played a role in securing a number of notable tenants in Boston, including the Boston Bruins and Boston Celtics as well as life science companies at Allston’s Boston Landing.

“Beacon is incredibly well positioned to capture the immense market opportunity in the development of specialty-built life science real estate and I look forward to working with the team to add to the firm’s storied legacy of investing in iconic real estate,” said Purpura.

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Beacon Capital’s Purpura

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.