Rubenstein Partners – Parkwood Crossing

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 […]