October 9, 2018 The new owners of Precedent Office Park—a landmark business park on the north side of Indianapolis—are planning to spend more than $6 million on a rejuvenation project to go along with a name change for the property. The plans include at least four new tenant-amenity developments that should be completed over the […]
Rubenstein Partners has paid $85 million for eight properties in the Lower Makefield Corporate Center off Route 332 in Bucks County. The properties were sold by American International Group, according to sources familiar with the transaction who also confirmed the sale price. AIG took control of the properties during the recession. The buildings that were […]
Landlords in New Jersey are adding top-notch cafeterias, co-working spaces and fitness centers in standalone buildings to appeal to today’s workforce By Judith Messina | July 12, 2018 11:00AM From barista bars and fitness centers to walking trails and conference facilities, office landlords in suburban New Jersey are racing to upgrade properties with millennial-friendly amenities. Older buildings are […]
Features designed to create urban-style environment a response to trendy downtown spaces By Keiko Morris June 10, 2018 10:00 a.m. ET Excerpt: Owners of suburban office parks have resorted to food trucks, yoga studios, cafes with baristas and meeting spaces resembling hotel lobbies in their campaigns to remake the image of the sterile suburban campus. Now […]
BY CATHY CUNNINGHAM MAY 31, 2018 11:22 AM Eyal Ofer’s Global Holdings Group has made a $100 million preferred equity investment in the development of 25 Kent in Williamsburg, Brooklyn, Commercial Observer can first report. Rubenstein Partners and Heritage Equity Partners are currently co-developing the eight-story, 500,000-square-foot mixed-use commercial and industrial property, due to come online by the end of 2018. Rubenstein Partners secured […]
