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
Rubenstein Partners L.P. recently bought Interstate North Office Park, an older 11-building development in Cobb County’s Cumberland area that’s searching for a boost. Rubenstein acquired the nearly 1-million-square-foot property for $87 million, according to Cobb County real estate records. Interstate North is only 60 percent leased, but its new owner believes the office park has […]
A joint venture of Vision Real Estate Partners and Rubenstein Partners has purchased the Warren Corporate Center office complex for $136 million, according to real estate services firm CBRE Group Inc. CBRE said Tuesday in a news release that the five-building complex, comprising approximately 820,000 square feet, was sold by Northwestern Mutual Real Estate to […]
