by David Rubenstein and Brandon Huffman The current U.S. office market environment can be one of opportunity for investors where fundamental supply/demand dynamics for office space appear robust, keeping in mind potential risks are ever present. The United States has recovered 196 percent of the office-using jobs lost in the recession of 2008–2009, and new […]
Sanctuary Park, the big Alpharetta office campus surrounded by North Point Mall and Verizon Wireless Ampitheatre, has sold for $265 million, as more investors bet on rising rents and occupancy in suburban markets. Rubenstein Partners L.P. purchased the 152-acre complex, one of the largest office parks along the Georgia 400 corridor. It includes nine mid-rise buildings […]
An investment group has obtained the necessary financing to break ground on a $400 million office and industrial development in Williamsburg, marking the latest big bet on Brooklyn’s growing popularity as a workplace. The venture led by Rubenstein Partners LP cut a deal with Wells Fargo Bank and Natixis Real Estate Capital LLC for a $197 […]
A venture led by Rubenstein Partners LP is zigging while other investors are zagging by making a $162.9 million bet on a suburban Indianapolis office park at a time when such properties have fallen out of favor. The venture, which includes Strategic Capital Partners, is buying the eight-building complex in Carmel, Ind., from Duke Realty […]
Last week, American Realty Capital purchased Jersey City’s 30 Montgomery—a 15-story, 320k SF office building—for an impressive $101M from a JV of Rubenstein Partners and Onyx Equities. Rubenstein regional director of the Mid-Atlantic Stephen Card tells us how they turned the diamond in the rough around, attracting some of the area’s biggest buyers. https://www.bisnow.com/new-jersey/news/office/how-rubenstein-and-onyx-turned-a-diamond-in-the-rough-into-101m-62583
