9 key projects transforming the Triangle s biotech scene | Raleigh News & Observer
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Two huge biotech hubs under construction in Morrisville
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Rubenstein Partners Announces Pennant Park Refinancing
Nuveen Real Estate Provides $114M Long-Term Debt Following Improvement Plan, Leasing Success
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ATLANTA, Dec. 21, 2020 /PRNewswire/ Rubenstein Partners, L.P., a vertically-integrated real estate investment adviser focused on value-added office opportunities (together with its affiliates, Rubenstein ), has refinanced Pennant Park, a 6-building office park in Atlanta s Northwest submarket, with a $114 million loan facility provided by Nuveen Real Estate. This transaction comes after the substantial completion of Rubenstein s business plan for the property, which involved approximately $17 million of improvements aimed at transforming the property into a walkable Class-A urban office environment with immediate access to Truist Park, home of the Atlanta Braves, and a growing set of local amenities both on and off campus.