Press Releases


Done Deal: Finalizing Lenovo’s RTP expansion took five weeks

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, [...]


Rubenstein, Grubb make handsome profit from Durham’s Newcastle building sale

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 Rubenstein partner on another office acquisition

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 [...]


Rubenstein Partners Acquires Boston-Metro Office Portfolio: First Deal Executed in Fund II

Philadelphia: February 13, 2013 – Marking the initial investment in its second value-added office real estate fund, Rubenstein Partners, a private equity firm providing leading real estate investment management and advisory services in office markets throughout the Eastern United States (“Rubenstein”), today announced the closing of its acquisition of CenterPoint office park on behalf of [...]


Rubenstein Partners Finalizes Year-End Dispositions
Sells Two Large Assets in Southeast U.S. Office Markets

Philadelphia: January 22, 2013 – Rubenstein Properties Fund, L.P. (Rubenstein) announced the year-end disposition of two significant Southeast U.S. office assets following the execution of Rubenstein’s value-added office investment strategy. The two transactions involved 64/66 Perimeter Center East (64/66 PCE), located in Atlanta’s Central Perimeter District, and NASCAR Plaza in Charlotte’s Central Business District. The [...]


Trinity Capital Advisors Acquires NASCAR Plaza Building
Well Capitalized Ownership to Re-Energize Leasing

Charlotte: January 7, 2011 - Trinity Capital Advisors (“Trinity Capital”) announced today it has purchased the debt and equity interest in NASCAR Plaza, a 393,000 square foot Class-A office building located in the Charlotte central business district (“CBD”). The NASCAR Plaza investment, which is the firm’s first purchase of an existing CBD Class-A tower, exemplifies Trinity [...]


Rubenstein Partners Finalizes Five Year-End Transactions
First New Deals Executed Since Early 2007

Disciplined Fund Seizes Opportunities Presented by Thawing Deal Market Philadelphia: January 13, 2010 - In a sign that the commercial real estate investment market is beginning to thaw, Rubenstein Partners, a private equity firm providing leading real estate investment management and advisory services in office markets throughout the Eastern United States (“Rubenstein”), today announced the closing [...]