Firm pays $133 million for Precedent Office Park, which features a 38-acre lake By Peter Grant Rubenstein Partners LP, a real-estate investment firm that specializes in office buildings, has doubled down on the Indianapolis suburbs, spending $133 million on an office park whose distinguishing feature is a 38-acre lake. https://www.wsj.com/articles/rubenstein-partners-bets-on-indiana-1515541398
November 10, 2017: Rubenstein Partners LP has launched a multimillion-dollar renovation of a former Department of Defense building in Alexandria with the hope of landing new anchor tenants, with Amazon’s second headquarters high on its wish list. The Philadelphia-based developer included Carlyle Tower at 2461 Eisenhower Ave. in a joint bid with a neighboring property […]
November 2017 – BY LORETTA CLODFELTER Twenty-five years ago, the central business district was dead, felled by a long-term trend of corporations moving offices to suburban campuses as they followed employees, who were moving out of cities. In the past decade, however, the pendulum swung in the opposite direction. CBD office and apartments came back […]
BY GUELDA VOIEN AND BRADY DALE To say that the introduction of driverless vehicles will have both macro and micro effects is a macro understatement. Automation has and will continue to change the way Americans travel, commute and consume, distribute and own things—everyone from economists to Facebook’s Mark Zuckerberg agrees. And driverless cars are on […]
September 19, 2017 BOSTON—Rubenstein Partners, L.P. has sold its stake in the 1000 Washington St. office building and adjoining parking garage at 321 Harrison Ave. here to Los Angeles-based CIM Group. Nordblom Co., the owner and operator of the 242,000-square-foot office building and 309-stall, four level parking garage, retains ownership and management of the properties […]
