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Rubenstein Partners Returns With $70M Buy

PHILADELPHIA-The private firm, which has not made an acquisition in four years, picks up office assets in as many states. More buys are in the works.

By Ian Ritter | Updated on January 13, 2011

PHILADELPHIA-Rubenstein Partners is back in the commercial real estate acquisitions market after four years. The private-equity firm recently closed on four deals totaling $70 million and has about $150 million of equity in the pipeline for future investments.

The firm hasn’t been active on the acquisition side since 2007. That year, in a joint-venture deal with Barry Real Estate Cos., the firm bought three-million square feet of office properties in Atlanta from Equity Office for $500 million.

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