MIAMI—Beacon Investment Properties has acquired seven office buildings nationwide covering 3.1 million square feet in the past six months. Total investment was $547 million.

The acquisitions—which span Atlanta, Houston, Dallas, and Minneapolis, signal a portfolio shift for Beacon from smaller class B office buildings to class A office towers in prime locations in major U.S. cities in the Southeast, Midwest, and Texas.

“Our new focus ranges from stabilized, high occupancy, cash flowing office properties in strategic locations to value added office buildings needing renovation and repositioning to architectural landmarks where office space will always be in demand,” says Ariel Bentata, Beacon's co-founder and chief investment officer. The recent acquisitions give Beacon more than $1.1 billion in commercial real estate assets and over 7.5 million square feet of properties under management.