Rubenstein Joins Forces with cove for Maryland Renovations

WASHINGTON, DC—Private equity fund manager and investment advisor Rubenstein Partners has partnered with Washington, DC work space design firm cove to renovate two of Rubenstein’s Maryland office properties.

The planned projects will renovate work spaces, create collaborative work areas and enhance common areas. They will also provide individual office spaces and will introduce hand-picked food and beverage options for building tenants at Rubenstein Partners properties Research Plaza and 2600 Tower Oaks Boulevard.

Because many tenants and employees have been forced to work from home due to the COVID-19 pandemic, cove said it will extend its cove@Home offering to Rubenstein’s Maryland tenants. Through cove@Home, users have access to a platform and web portal for supporting their employees until they can return to work.

Adam Segal, cove’s founder and CEO, said his firm has spent the last few months reviewing and jointly refining renovation plans with Rubenstein.

“Whether the new prospect or existing tenant has five or 500 employees, the Rubenstein-cove team will aim to create superior experiential common spaces, as well as provide additional options for cove to run all or a portion of a tenant’s ‘back-of-house’ needs,” said Stephen Evans, Rubenstein’s DC metro regional director, in prepared remarks. “In cove, we have found a partner that has spent hours and hours with us studying the operational aspects of building management to gain economies and efficiencies, jointly interviewed our tenants to assess what they want and need, and otherwise collaboratively developed a joint program to market, lease and operate our properties to drive value for our investors.”