General

Steve Purpura

CBRE’s Steve Purpura Joins Beacon Capital Partners As President of the Northeast Division

CBRE’s Steve Purpura will lead its Northeast division, overseeing agency leasing, tenant advisory and capital markets activities in Boston as well as direct the firm’s Life Science Practice Group in this region.

A 6-year-old male presented with symmetric peripheral gangrene due to purpura fulminans (PF) following primary varicella infection. We present this case study to highlight its rare association with acute West Nile encephalitis.

Early Life and Education

Steve Mario Purpura of Wheeling, West Virginia was born October 5, 1968. He is survived by his wife of 34 years Lori Ann Pagendarm Purpura as well as their children Holly and Alex; sister Mary Maxwell; Rita Pagendarm all living in Wheeling WV and Dusty and Quinn their dogs and Boots their cat respectively – and many family members.

Steve Purpura, one of Boston’s premier office brokers and widely credited for turning it into the life sciences epicenter, will leave CBRE for an institutional investor to assume an important leadership position at an international fund manager called Beacon Capital Partners’ Life Science Platform and oversee development efforts of their growing collection of specialty-built life science properties. Beacon announced on Friday that Purpura had accepted this role at Beacon and will lead development of their growing collection.

Professional Career

Purpura has over two decades of experience advising life sciences companies with regards to their real estate requirements and has participated in a number of commercial developments such as Seaport Square and Allston’s Boston Landing.

At CBRE, he served as both senior partner and head of their Boston consulting practice and northeast life sciences group, serving as one of the driving forces behind Boston becoming an epicenter of life sciences research and development.

Purpura’s contributions go well beyond his real estate work; he’s also an integral member of Boston sports and charity organizations such as the Board of Overseers for the Boston Museum of Science and co-chairing Heart of Boston for American Heart Association. Furthermore, he serves on Arizona Fall League Roland Hemond Award Committee.

Achievement and Honors

Purpura has also dedicated his time and talents to volunteering with the American Heart Association as co-chair for its Greater Boston campaign, as well as serving on their Board of Overseers for the Boston Museum of Science.

Formerly, he held positions with CB Richard Ellis/Whittier Partners and Trammell Crow Co. A member of the Commercial Brokers Association, he has won many accolades including Suburban Deal of the Year award.

John and Prin are his children with Julia Mae; John enjoys golfing and coaching swimming.

He was the founding chair of the Golden Apple Scholars of Illinois, an award given annually to recognize outstanding future teachers. Additionally, he serves on the Lemont Community Foundation board and Reinhardt University Trustee board.

Personal Life

Betsy Somerville Purpura has led a diverse life, from professional tennis to law. She learned the game from both her mother and grandmother – both competitive players in Hawaii – who taught her. Over her professional doubles career she won 35 matches but never took home a championship title.

She is married to Lori Ann Pagendarm and has two daughters named Amy and Holly as well as one cat named Boots. Her family lives in Wheeling, West Virginia.

CBRE Boston Life Science leasing director Kristen Cutter oversees Life Science leasing while being active in her community by volunteering for various nonprofit organizations, serving as chairwoman of Wellesley Autism Spectrum Disorders Initiative, which educates about autism spectrum disorders; in addition, she serves on multiple boards and committees of other non-profits.

Net Worth

Steve Purpura was known as one of the driving forces behind Boston Consulting Practice and Northeast Life Science Practice of CBRE before leaving to join Beacon Capital Partners as President of their rapidly growing life science platform, Beacon LifeScience Platform.

Purpura has made over six trades of Delcath Systems stock since 2012, according to public filings with the SEC, totalling more than $895 thousand as of 16 May 2022. He holds a significant stake in Delcath Systems having purchased over 27 million shares since 2012.

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