Some deals are made in real estate hell. Others are from real estate heaven. This is a story about one in the latter category. In late 2013, a venture led by investment firm Rubenstein Partners purchased a vacant 450,000 square foot office park in the Research Triangle region of North Carolina for $26 million. With […]
October 7, 2014 – Rubenstein Partners, L.P., a vertically integrated real estate investment manager specializing in value-added office property opportunities in the Eastern half of the United States, announced that its Rubenstein Properties Fund II L.P. has acquired 495 Business Center, a commercial office park located on approximately 84 acres in Tewksbury, MA. The purchase […]
New Ownership Will Reintroduce Property as Best-In-Class Multi-Tenant Office Building BASKING RIDGE, N.J. (Oct. 10, 2013) — A joint venture of Onyx Equities, LLC and Rubenstein Partners today announced the acquisition of 211 Mount Airy Road, a 282,000-square-foot, Class A office building in Basking Ridge, N.J. Since 2001, 211 Mount Airy Road has been owned […]
Fast. That’s the word everyone uses when talking about Lenovo’s recently signed lease on the old Ericsson campus at Research Triangle Park. “A little less than five weeks,” says Dan Doyon, vice president and director of acquisitions at Rubenstein Partners in Philadelphia. “A deal this size normally takes a lot more time.” The lease, finalized last Saturday, […]
It’s been only a year and a half since GlaxoSmithKline unloaded two of its former laboratory office buildings at Imperial Center in Durham to a real estate investor group for $4 million. Now, the investor group that bought the buildings has sold one of them for $15 million, according to Durham County records. The building is occupied by […]
