About Us

The structure of the ownership of each Rubenstein entity has been generally the same. Limited liability partnerships (LLP’s and LLC’s) are set up with Steven, William, and Andrew Rubenstein as managing members. Outside investors are afforded the opportunity to participate in the LLP or LLC by investing as additional members…

The foundation of Rubenstein Properties began in 1961 when Steven Rubenstein purchased an older industrial property in Jersey City for the relocation of his growing industrial coatings business. Shortly after going to contract, Steven received an offer to sell the property for substantially more than the purchase price. From this one fortuitous transaction, Steven became aware of the opportunities available in rehabilitating what were thought to be obsolete single user industrial properties into thriving multi tenanted properties catering to small business. The early growth of Steven’s real estate business was bolstered when later in 1961 Steven was joined by his brother William. Together, they continued to acquire additional properties which met Steven’s original criteria of older properties which had potential for redevelopment as multi tenanted industrial facilities.

In 1962 Steven and William’s father Michael Rubenstein joined the growing company as a consultant and manager of financial accounting tasks shortly after selling his company Baldwin Brush and Tool, which he owned and managed for 30 years. Prior to his passing in 1993, Michael made significant contributions to the growth and development of the business and was an integral part in the eventual creation of Rubenstein Properties.

The growth of the business necessitated the need for additional management personnel and in 1983 Brian Archibald was brought into the company as a manager. Shortly thereafter Fred Malone joined the company and in 1985 Brian assumed the position of General Manger assisted by Fred. The management and ownership team continued an aggressive expansion of Rubenstein Properties through the 1980’s and 1990’s eventually owning in excess of eight million square feet of industrial properties in New Jersey, Connecticut, Massachusetts, New York, Pennsylvania, North Carolina, Florida, Illinois, Iowa, Indiana, and Arizona. Rubenstein Properties had matured.

In 1991 Steven’s son Andrew Rubenstein joined the company as part of the management team. Rubenstein Properties growth continued through the 1990’s, and in late 1998, it began expansion into selective development of new buildings upon excess land held in inventory. In 2003 the company completed the construction of over four hundred thousand square feet of new buildings which leased up quickly.

During the 2000’s, Rubenstein Properties began to refocus its sights on larger single story structures, and consolidate its geographical presence as the real estate market began converting multi-story industrial properties to residential uses. Rubenstein Properties capitalized on this change by liquidating a number of its multi-story properties to developers seeking conversion opportunities as well select portfolios in market areas Rubenstein desired to exit. Most liquidated properties were sold at significant gains, some of which were sold at multiples of their original purchase price.

The structure of the ownership of each Rubenstein entity has been generally the same. Limited liability partnerships (LLP’s and LLC’s) are set up with Steven, William, and Andrew Rubenstein as managing members. Outside investors are afforded the opportunity to participate in the LLP or LLC by investing as additional members. As a point of note, many of the same investors express their confidence in Rubenstein Properties by multiple reinvestments in Rubenstein’s entities. While most real estate investment trusts offer a return of 7% or lower, Rubenstein Properties can demonstrate that if an individual had initially invested fifty thousand dollars in each of its properties their average return would have been over 20% per year over the life of the investment.

Unfortunately in June 2008 Steven Rubenstein passed away unexpectedly. Today, and into the future, Steven’s vision for Rubenstein Properties continues with William and Andrew Rubenstein as managing members supported by the decades of experience of the Rubenstein Properties management team. Through careful selection of its acquisitions, creative retrofitting, and sound management Rubenstein Properties has consistently been able to add value to its holdings. William Rubenstein, Andrew Rubenstein, and Brian Archibald are at the forefront of property acquisition and financing. Brian Archibald and Fred Malone supervise a management team that continually analyze, develop, lease, and manage each property. The management team consists of Rey Mercado, Dave Burkart, Mike Leyman, Giovanna Iannelli and Andrea Chinnicci as well as a select group of outside consultants.. Lori O’Rourke manages the accounting department and is assisted by Stephanie Hernandez and Nicole O’Rourke.

Rubenstein Properties has a demonstrated history of success, with an excellent reputation in the brokerage and banking community. Brokers recognize Rubenstein Properties ability to complete and close deals on time. Its Bankers recognize Rubenstein’s unblemished credit history. Rubenstein Properties takes pride in the properties it owns with its management team carefully managing them in adherence to its stated mission and core values.

In summary, for the last fifty plus years Rubenstein Properties has developed a reputation as a uniquely skilled quality operator of industrial Real Estate, managing its assets in a manner which improves their functionality while at the same time providing significant returns to its partners.





Contact Us

email: info@rubensteinprop.com

101 East Main Street
Little Falls, New Jersey 07424
Phone: 973.256.6644
Fax: 973.256.6865