A FOUNDATION IN PROPERTY MANAGEMENT 
PROFITING FROM NON-PERFORMING INVESTMENTS 
STRENGTHS DIRECTED TO ASSET MANAGEMENT 
YOUNG MILLENNIUM, FRESH FRONTIERS

Strengths directed to asset management. At the end of the decade, Rabina Properties leveraged its more extensive skill set with several real estate acquisitions: a portfolio of supermarket properties in Florida; a 500,000 square foot industrial property in Chicago; and office, mixed-use and industrial sites throughout the New York tri-state area. The firm also initiated its first major construction project, the highly visible Collins Avenue retail development in Miami. These transactions spurred the firm to build a more robust asset management capability, one that could address interests in properties managed by others and across a broad geography.

In 1998, Rabina Properties embarked on a new kind of venture with Jonathan Rose of Jonathan Rose Companies LLC: the data center business they named TechCommons. The partners recognized early on that this type of facility required an entirely new level of service, and more sophisticated ongoing management than many developers realized. For that reason, the three investments that the partners made in their endeavor comprise a separate business from other real estate operations, with dedicated personnel and highly experienced, specialized management.  Next