Investment - Philadelphia
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Andover Properties Sells Storage King Portfolio
Marcus & Millichap’s Tampa-based self-storage group facilitated the three-property investment deal. The new owner added 2,146 units to its holdings.
25 September 2018 14:04 -
Real Capital Solutions Enters Philly Market
The company acquired Courthouse Square and Rockwood Office Park, two recently renovated office properties totaling more than 366,000 square feet in Wilmington, Del.
27 August 2018 11:13 -
Maguire Hayden Snags Foreclosed PA Office Campus
Cassford Corporate Center in Berwyn, Pa., changed hands in a $9.3 million deal after Trinity Capital Advisors defaulted on a $21.6 million loan.
24 August 2018 13:24 -
Nahla Capital Spends $126M on Philadelphia Office Tower
The asset, acquired in a joint venture with Goldman Sachs, is located in the Market Street West neighborhood and represents the buyer’s first expansion into Pennsylvania.
10 July 2018 17:57 -
Veritas RE Acquires Pair of Philly-Area Office Buildings
The Marlton properties are located near major thoroughfares and less than 30 minutes away from Center City Philadelphia and Philadelphia International Airport.
04 June 2018 13:14 -
Cabot Properties Picks Up $16M Philly-Area Warehouse
The roughly 174,000-square-foot warehouse is currently fully occupied by a single tenant and includes an urban infill site. The location allows for immediate access to three interstates.
29 May 2018 07:33 -
Philadelphia-Area Distribution Facility Trades for $13M
CBRE brokered the sale and leaseback of the roughly 291,000-square-foot industrial property in Pennsburg, situated one hour away from downtown Philadelphia.
25 May 2018 12:47 -
Colliers Brokers Sale of 2 PA Retail Assets
The properties—a 9,000-square-foot, three-story historic office and retail building and a gas station/convenience center—traded for a combined $6.8 million.
25 May 2018 10:53 -
Abrams Realty Snags $55M PA Retail Power Center
HFF marketed the property on behalf of Urban Edge Properties and arranged a $50.4 million floating-rate acquisition loan for the buyer.
18 May 2018 14:38 -
Liberty Property Trust Sells Office Building at Philly Navy Yard
The $130.5 million acquisition of a building that’s fully leased to pharma giant GlaxoSmithKline marks the second major purchase for Korea Investment Management in Philadelphia.
10 May 2018 10:11 -
Penwood Grabs 508 KSF Warehouse in PA
The fully leased property is situated along the Interstate 81 industrial corridor in Mechanicsburg, Pa., and previously traded as part of a $3.2 billion portfolio.
04 May 2018 12:30 -
Ashford Prime Repositions as Braemar Hotels & Resorts
Ashford Hospitality Prime will now be known as Braemar Hotels & Resorts, emphasizing its new focus on luxury hotel and resort properties.
25 April 2018 01:16 -
Philly Sheraton Lands New Owner, Planned Makeover
The Buccini/Pollin Group acquired the 364-key property in the Old City district for almost $100 million. The Delaware-based company is set to renovate and rebrand the hotel.
30 March 2018 07:38 -
Two Equity Commonwealth Office Assets Fetch $670M
In separate deals, the company has closed on the disposition of both 600 W. Chicago Ave. in Chicago and 1600 Market St. in Philadelphia.
27 February 2018 13:04 -
HFF Arranges $160M Sale, Loan for Philly Office Tower
Acting on behalf of Equity Commonwealth, the firm arranged the disposition of the 826,000-square-foot building at 1600 Market St., and secured acquisition financing for the buyer, an affiliate of American Real Estate Partners.
20 February 2018 11:15