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 […]
Grubb Properties and Philadelphia-based real estate investment firm Rubenstein Partners recently partnered to acquire a vacant 467,000-square-foot office property in Research Triangle Park that was built by telecommunications company Ericsson. The two firms spent $26 million to acquire the two-building development, and they plan to spend an additional $10 million on renovations and campus upgrades. This is the second […]