Investment - Philadelphia
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PA Self Storage Asset Trades for $13M
Cushman & Wakefield represented the seller, Vertical Fields, in the disposition of an 82,116-square-foot asset in Clifton Heights. CubeSmart was tapped to manage the facility.
12 June 2019 15:41 -
Discovery Labs Plans $500M Philly-Area Coworking Campus
Newly established by MLP Ventures, the platform company will redevelop two campuses in King of Prussia into a 1.6 million-square-foot ecosystem for health-care, life sciences and technology-enabled businesses.
07 June 2019 12:45 -
Opportunity Zones Can Make a Great Deal Greater
At a recent event organized by Mazars, Dean Adler explained how his team aims to turn a closed power plant in Philadelphia into a 1 million-square-foot, mixed-use destination—with a little help from the IRS.
07 May 2019 12:41 -
Silverstein Properties, Partners Pay $452M for Philadelphia Tower
Acquired in a JV with Arden Group and Migdal Insurance, 1735 Market Street marks Silverstein’s first office investment outside Manhattan.
28 March 2019 07:45 -
Blackstone Sells Downtown Philadelphia Hotel
A new owner has emerged for the 757-key property, which will regain the Sheraton brand following a $28 million renovation as part of a new franchise agreement with Marriott International.
15 March 2019 13:05 -
PNL Cos. Sells Suburban PA Office Building
The company received $15.5 million for Malvern Executive Center, a Class A property in Malvern, Penn., purchased five years ago through foreclosure.
22 February 2019 14:31 -
JV Completes Sale of PA Industrial Facility
J.G. Petrucci and The Davis Cos. have sold Wind Gap Logistics Center, a 349,012-square-foot warehouse and distribution property developed in 2018.
19 February 2019 13:51 -
Blue Stone Acquires PA Office Asset
Newmark Knight Frank's Capital Markets team represented the seller, Delaware Valley Real Estate Investment Fund LP, in its disposition of 1001 Adams Ave., a 137,000-square-foot building in Audubon.
13 November 2018 18:29 -
AREP Acquires PA Office Tower for $108M
The roughly 347,000-square-foot building is 15 miles from Philadelphia and features tenants such as Marsh & McLennan Cos., Allied Universal, Penn Mutual, AMG Funds and Airgas.
17 October 2018 11:44 -
Equus Capital Acquires Suburban Philly Office Building
The Class A asset serves as the U.S. headquarters for Endo Pharmaceuticals and is part of the newest office complex in the Malvern/Exton submarket, Atwater Corporate Center.
11 October 2018 14:07 -
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