Investment - Philadelphia
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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 -
Natixis Originates $55M Redevelopment Loan for Philadelphia Retail Asset
Sun Equity Partners plans to rebrand the former 429,617-square-foot Cheltenham Square Mall as Greenleaf at Cheltenham. The asset is 60 percent leased.
11 July 2017 10:39 -
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 -
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 -
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 -
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 -
Philly-Area Offices Trade for $13.2M
A partnership of Red River, Advalurem Group and Lincoln Property Co. acquired a Bucks County office property in a deal arranged by CBRE.
13 April 2017 14:33 -
Durst Debuts in Philly with Waterfront Purchase
The century-old company has expanded beyond New York with the acquisition of Philadelphia's Piers at Penn’s Landing.
29 March 2017 09:50 -
Kairos Capitalizes on Apex Repositioning
The company’s affiliates along with Artemis Real Estate have sold the majority of their interests in a 400,000-square-foot office campus in Fort Washington, Pa.
23 March 2017 18:31 -
Zamir Enters Pennsylvania with $30M Acquisition
The 186,156-square-foot Triad underwent a $4 million renovation in 2014.
21 March 2017 13:18 -
HFF Closes Sale of 151 KSF Retail Center near Philly
By Ariela Moraru MacArthur Towne Center, Whitehall Philadelphia—HFF has closed the sale of MacArthur Towne Centre, a 151,418-square-foot retail center located at 2524-2590 MacArthur Road in Whitehall, Pa. According to Lehigh County property records, the 94.5-percent-leased property was purchased by ARD MacArthur LLC, an affiliate of Abrams Realty & Development, for $14.3
10 March 2017 15:53 -
HFF Arranges $46M Financing for Philly Office Campus
Delle Donne & Associates acquired Christiana Executive Campus, a 450,000-square-foot office park in Delaware.
10 February 2017 09:59