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investment company. It has a $ 2 billion portfolio of development projects for various types of properties in the United States and is considered "asset class-agnostic". The company began construction on a 1.3 million square foot logistics center, one of the largest industrial projects in New York
231:
property in North
Carolina. The Seaboard Station was Raleigh's central train station for decades prior and dates back to 1942. Turnbridge initially sought to demolish the station, which never received a historical landmark designation. In exchange for preserving at least 50 percent of the station
207:, in 2022. Later that year, it was reported that Turnbridge and Fundamental Advisors LP sold the Northern-Virginia based office portfolio for $ 220 million to an undisclosed buyer. The leased tenants of the buildings included cyberspace and defense infrastructure companies such as
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to redevelop a closed shopping mall into residential apartments in April 2023. In a joint venture with
Manekin, Turnbridge Equities secured $ 275 million to develop the National Capital Business Park in
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In June 2018, Turnbridge
Equities and Harbor Group International (HGI) entered an agreement to ground lease a 90,000 square foot warehouse at 2300 Linden Boulevard in New York, in close proximity to the
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for $ 95 million, with plans for the space to become the company's headquarters. Turnbridge was also part of the team that acquired the
Ballantine Industrial Center, which is the site of the former
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Turnbridge
Equities completed a $ 500 million recapitalization deal on Music Lane, an Austin, Texas based commercial strip containing businesses such as
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City in 2021. Turnbridge was founded in 2015 by Andrew Joblon, who worked for another New York real estate firm,
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The company acquired the rights to a $ 33.6 million loan in 2020 that was applied to buildings in the
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Its first deal involved vacating 17 retail tenants and securing zoning incentives for a city block in
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for $ 34.7 million. The property dates back to the 1920s and was the former dairy products factory,
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427:"A bright spot for World Class: Nate Paul's firm refinances three high-profile Austin sites"
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either relocated or on-site, Turnbridge is able to build up to 20 stories on the property.
154:, who used the location as a delivery station. HGI sold their interest in the warehouse to
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505:"Portfolio of N. Va. office buildings leased to contracting behemoths sells for $ 220M"
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349:"Investment manager BentallGreenOak buys Amazon-leased logistics facility in Brooklyn"
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586:"Turnbridge, Manekin Secure $ 275M for Industrial Park Development in DC Suburbs"
452:"Turnbridge tips its hat to lender who followed through despite market distress"
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271:"NYC's Largest Under-Construction Warehouse Rises — on Spec — in Hunts Point"
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shopping mall for $ 31.5 million. The mall was renovated and later sold to
323:"Turnbridge Equities and Harbor Group partner on East New York warehouse"
223:. In September 2022, an agreement was reached between Turnbridge and the
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560:"Redevelopment of City Place Long Beach mall could yield 900 apartments"
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In
January 2019, Turnbridge Equities announced the purchase of the
297:"How Turnbridge Equities built a $ 2B portfolio in under a decade"
479:"Exclusive: Turnbridge Equities closes $ 500M Texas recap deal"
138:, who then built the Goodtime Hotel with an investment from
375:"Cary Towne Center sold to out-of-state real estate firms"
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neighborhood. That same year, it acquired The
Creamery in
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400:"Former Ballantine Brewery in Newark at Full Occupancy"
252:and PCCP. The property was acquired in March 2021.
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531:"Seaboard Station preservation deal reached"
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617:Real estate companies of the United States
158:, a real estate investment firm, in 2021.
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622:Real estate companies established in 2015
627:2015 establishments in New York (state)
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269:Rebecca Baird-Remba (June 14, 2022).
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529:Zachery Eanes (September 21, 2022).
150:. The warehouse was later leased by
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558:Steven Sharp (January 18, 2023).
477:Cindy Widner (January 12, 2022).
425:Paul Thompson (August 25, 2021).
248:and $ 110 million in equity from
373:Brooke Cain (February 1, 2019).
503:Dan Brendel (August 10, 2022).
134:and Eric Birnbaum, co-owner of
347:Liz Young (February 3, 2021).
321:Daniel Geiger (June 6, 2018).
295:Joe Lovinger (March 2, 2023).
235:It received approval from the
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130:. The area was later sold to
584:Keith Loria (June 8, 2023).
404:New Jersey Business Magazine
509:Washington Business Journal
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250:Qatar Investment Authority
353:New York Business Journal
246:Apollo Global Management
242:Upper Marlboro, Maryland
431:Austin Business Journal
182:Raleigh, North Carolina
132:Michael D. Fascitelli
406:. September 27, 2022
225:Raleigh City Council
79:(Managing Principal)
74:(Managing Principal)
590:Commercial Observer
379:News & Observer
275:Commercial Observer
186:Pine State Creamery
103:Turnbridge Equities
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77:Ryan Nelson
51:Headquarters
25:Company type
595:October 18,
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462:October 20,
436:October 20,
410:October 23,
384:October 23,
358:October 19,
332:October 19,
306:October 18,
280:October 18,
148:JFK airport
128:Miami Beach
111:real estate
38:Real estate
611:Categories
256:References
197:Soho House
167:Epic Games
65:Key people
564:Urbanize
205:Deloitte
122:Projects
35:Industry
87:Website
43:Founded
29:Private
219:, and
217:Boeing
203:, and
193:Hermès
152:Amazon
535:Axios
105:is a
597:2023
571:2023
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516:2023
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438:2023
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94:.com
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136:Rio
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