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
Pharmaceutical company Daiichi Sankyo Inc. is consolidating its New Jersey facilities in a new U.S. headquarters in Basking Ridge, it announced Monday. Daiichi Sankyo, the U.S. subsidiary of global pharma firm Daiichi Sankyo Company Ltd., currently has its U.S. commercial departments headquartered in Parsippany and its U.S.-based development functions located in Edison. http://www.njbiz.com/article/20160418/NJBIZ01/160419797/daiichi-sankyo-consolidating-two-nj-facilities-in-new-us-hq