Investment - Philadelphia
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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 -
The Story Behind NJ’s $426M Walkable Town Center
The large mixed-use development in Glassboro, N.J., is in its final stage. Nexus Properties’ Dante Germano revealed the 14-year evolution of the project, its challenges and how it transformed the South Jersey community.
01 February 2018 16:00 -
CBRE Arranges Sale of Suburban Philly Office Park
Maguire Hayden Real Estate Co. acquired West Chester Office Plaza, a 116,621-square-foot, five-building ensemble located in West Goshen Township.
31 January 2018 08:40 -
Vertex King of Prussia HQ Trades for $47M
The Class A property is located within the 200-acre Renaissance Park corporate campus. HFF represented both parties in the transaction.
18 January 2018 09:29 -
Endurance JV Acquires PA Industrial Portfolio
Endurance Real Estate Group LLC and Thackeray Partners team on the purchase of Penn Warner Industrial Park, located in Fairless Hills, expanding industrial holdings in Pennsylvania.
13 December 2017 14:02 -
Suburban Philly Office Building Fetches $31M
The 169,163-square-foot River Park I in Conshohocken, Penn., previously served as a paper mill and was converted to office in 2001.
11 December 2017 13:29 -
Henderson Pays $42M for Philly-Area Office Campus
The firm purchased a five-building office portfolio in Newtown Square, Penn., its first real estate deal, part of its new strategic growth plan.
04 December 2017 17:39