We are deeply saddened to confirm the passing of our Chairman and CEO Doug Shorenstein.

Doug had been ill for some time and fought a courageous battle with his illness. Through it all, he maintained a positive and hopeful outlook, and he remained steadfastly focused on serving his family, his colleagues and his community.

We will miss him dearly.

Read Doug's Bio

Fund Five

Capitalization and Investments

Shorenstein Investment Partners LLC (“Fund Five”) was formed in 1999 with $281.5 million of committed capital, including $20 million committed by Shorenstein; it was invested over a 29-month period.

Fund Five made equity investments in the following properties:

  • Energy Centre, a 762,041 square foot office building located in the Central Business District of New Orleans, Louisiana.
  • Prudential Plaza, a 2.2 million square foot two-building office and retail complex located in the East Loop submarket of Chicago, Illinois.
  • The office and retail components totaling 537,258 square feet of Washington Harbour, a two-building mixed-use complex located in the Georgetown submarket of Washington, D.C.

In April 2001, Fund Five acquired land adjacent to Energy Centre and proceeded to obtain entitlements to build a 466-stall parking garage; the garage was completed in August 2002.


  • Washington Harbour was sold in March 2003.
  • Energy Centre was sold in November 2003.
  • Prudential Plaza was sold in May 2006.