Deals - Philadelphia

  • Goodman Preleases 1 MSF at PA Logistics Center

    syncreon signed a seven-year lease to occupy one of the two industrial facilities at the Goodman Logistics Center Carlisle. The move is scheduled for early 2018.

    21 August 2017 16:07
  • Trailer Manufacturer Strengthens PA Footprint

    M.H. Eby purchased a 95,000-square-foot production plant in Ephrata for $3.3 million. Eby currently operates two other facilities in Lancaster County, but intends to move all Pennsylvania manufacturing operations in the Ephrata facility.

    17 August 2017 14:24
  • Electric Factory Building in Philly Trades for $20M

    Callowhill Center, the two-building office complex that houses the iconic Electric Factory music venue, changed hands after being under the same ownership since 1986.

    17 August 2017 09:43
  • CBRE Arranges Largest Philly Office Sale

    Equity Commonwealth sold the two-building Centre Square complex in a deal that broke the record for the city's largest-ever office transaction in terms of square footage.

    27 July 2017 11:45
  • Hersha Sells 3 Hotels, Acquires Westin Philadelphia

    The company disposed of a portfolio consisting of three Hyatt House hotels, located in California and Arizona. The 294-key Westin Philadelphia is part of the Liberty Place mixed-use complex that also features office, retail and residential.

    24 July 2017 12:33
  • Amato Properties Acquires Pennsylvania Shopping Center

    A private investor based in southeastern Pennsylvania sold Scott Town Plaza, a 73,634-square-foot neighborhood shopping center in Bloomsburg, Pa., for $5.5 million. At the time of sale, the property was fully leased.

    19 July 2017 08:44
  • Gladstone Buys Suburban Philly Office Asset

    The firm acquired a 60,016-square-foot office building for $15.45 million. The property has been fully leased to construction contractor Jacobs Engineering Group Inc. since its completion in 1997.

    29 June 2017 12:47
  • Suburban Philly Office Buildings Sell for $36M

    The seven assets are located in Exton, West Chester and Newtown Square, Pa., and total more than 229,000 square feet of office/flex space. The properties changed hands through like-kind exchanges.

    26 June 2017 14:46
  • Courtyard Philadelphia to Join Autograph Collection

    The 499-key hotel is listed on the National Register of Historic Places. Marriott will continue to manage the property after its conversion.

    22 June 2017 09:54
  • Pennsylvania Offices Trade for $23M

    Brookwood Financial Partners LLC disposed of three office buildings totaling 150,000 square feet located in suburban Philadelphia and the Lehigh Valley area. The properties are part of a 29-asset portfolio that the firm purchased in 2015.

    20 June 2017 20:03
  • Philly-Area Office Trades, Lands $45M Financing

    HFF’s investment sales team reeled in a buyer for Valley Creek Corporate Center, then the firm’s debt placement team secured acquisition funds for the Pembroke-Ten Capital joint venture through Barclays Capital.

    12 June 2017 12:38
  • Int’l Recruitment Firm Coming to Philly

    Frank Recruitment Group will occupy 21,300 square feet of space at 1801 Market St. where it will establish its regional Pennsylvania headquarters. The company will create 250 jobs for the new office.

    08 June 2017 14:11
  • One Crown Way in Philly Changes Hands

    The asset was built in 1996 and it currently serves as headquarters for the seller, which will lease it back until its relocation.

    30 May 2017 11:56
  • Philly-Area Hilton Garden Inn Hotel Sells for $23M

    The 146-key property underwent a $2.5 million renovation of the lobby and outdoor seating areas, as part of a value-add strategy implemented after the hotel's acquisition in 2013.

    23 May 2017 09:44
  • Suburban Philly Devon Square Trades for $34M

    In a deal brokered by HFF, the two-building office complex in Wayne, Pa. was sold by a joint venture of Keystone Property Group and Argosy Real Estate Partners.

    12 May 2017 05:59