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 […]
BY MACK BURKE – FEBRUARY 26, 2021 Rubenstein Mortgage Capital, Rubenstein Partners’ lending arm that’s geared toward extending debt capital for transitional office properties, has provided a $42 million loan to a collection of Washington, D.C.-area owners to recapitalize an office building in the city’s downtown, Commercial Observer has learned. The financing is backed by the roughly […]
By Joshua Burd A division of Rubenstein Partners LP has closed $57 million in financing to the buyer of the 465,000-square-foot former Honeywell International building in Morris Plains. Rubenstein Mortgage Capital, a private mortgage lending platform, announced Tuesday that it was providing the first mortgage loan to an affiliate of Argent Ventures. The borrower used […]
By Natalie Kostelni – Reporter, Philadelphia Business Journal Rubenstein Partners is moving forward with a $50 million repositioning of Chesterbrook, which is what the real estate company is now calling and branding the Tredyffrin business park it bought in the summer of 2019. The Philadelphia real estate company has five of the 14 buildings totaling 1.1 […]