Lenovo Deal – Wall Street Journal

Some deals are made in real estate hell. Others are from real estate heaven. This is a story about one in the latter category.

In late 2013, a venture led by investment firm Rubenstein Partners purchased a vacant 450,000 square foot office park in the Research Triangle region of North Carolina for $26 million. With the region facing a high vacancy rate, Rubenstein planned to lease it up in three years.

Instead it took about…

http://www.wsj.com/articles/rubensteins-empty-play-in-north-carolina-pays-off-1424209624