Investment - Philadelphia
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Broad Street, MedAmerica Close Merger’s First Phase
The newly formed company launches with a portfolio of nine grocery-anchored shopping centers totaling approximately 865,600 square feet in the Mid-Atlantic region.
02 January 2020 14:35 -
The Bloom Org. Sells New Jersey Office/Flex Complex
The five-building Fellowship Business Center in Mount Laurel traded in a $10.7 million deal.
12 November 2019 16:49 -
JV Sheds Philly-Area Office Asset
Taconic Capital and Cohen Equities sold the 165,000-square-foot property in King of Prussia, Pa., which sits close to the country’s largest mall.
25 October 2019 15:04 -
Liberty Property Trust Sells Philly Office Asset for $99M
The University of Pennsylvania’s health system, the property’s sole tenant, bought the Center City tower in a reportedly record-breaking deal.
05 July 2019 11:00 -
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