November 11, 2021 – A Philadelphia-based fund manager bought a mid-rise office building in north Fulton for $48 million, showing confidence in the suburban office market. Rubenstein Partners purchased 5405 Windward Parkway, a four-story, 247,000 square foot office building in Alpharetta. Rubenstein paid $194 per square foot, according to Fulton County property deeds. Raleigh, N.C.-based […]
BY ANNA STAROPOLI SEPTEMBER 30, 2021 3:33 PM Rubenstein Partners — the developer best-known for office projects in North Brooklyn — has hired New York City REIT founder Michael Happel and Black Walnut Capital’s Joseph Zuber to lead the company’s NYC office, Commercial Observer has learned. Happel and Zuber will focus on equity investments throughout the Northeast, beginning with Rubenstein’s New York office. They will […]
August 24, 2021 – Private mortgage lending platform Rubenstein Mortgage Capital (RMC) has announced an amendment increase an existing loan to $70.5 million, which is secured by 8West, a Class-A office and retail mixed-use development in the West Midtown submarket of Atlanta. In 2019, RMC provided a $48.7 million senior construction loan commitment to the […]
August 20, 2021 Encompass Digital Media has renewed its 136,366 s/f lease at Shippan Landing for another six years. The transaction was announced by the property ownership, a joint venture of George Comfort & Sons and an affiliate of Rubenstein Partners, L.P. Financial terms were not disclosed. Encompass is a global managed services company focused […]
In major office markets across the country, potential tenants have been eyeing space more than at any time since the outbreak of the coronavirus pandemic over a year ago. Office demand in major U.S. markets jumped by 28% from February to March, according to a monthly report by VTS, a software provider for commercial real […]