News - Philadelphia

  • JLL Secures $96M for Philly Office Buy

    In an unusual deal, Taconic Capital Advisors and Cohen Equities consolidated their ownership of a 13-story historic tower in the city’s Market East section.

    05 October 2017 10:46
  • Philly-Area Gateway at Greenway Park Tops Out

    The mixed-use project in Bethlehem, Pa., will include a 600-space parking, office and retail space. St. Luke’s University Health Network and Lehigh University are among the building's anchor tenants.

    22 September 2017 08:32
  • Metro Commercial Hires New EVP

    Jim Savard stepped up as the company’s newest executive vice president of leasing, after occupying various executive roles at Core Realty and JLL.

    21 September 2017 13:46
  • WPT Industrial Expands to PA

    The REIT is in the process of acquiring a 936,000-square-foot Class A property in the Lehigh Valley, the distribution corridor to New York, Philadelphia and D.C.

    11 September 2017 11:56
  • Suburban Philly MOB Campus Hits the Market

    HFF is representing Franklin Realty Development in the sale of Norriton Medical Center, a four-building medical portfolio in East Norriton, Pa.

    08 September 2017 11:31
  • Employment Gains Spur Growth in Philadelphia

    An evolving wage structure, an influx of young professionals and the boom in hospitality and development are helping the metro's multifamily market keep its head above water.

    08 September 2017 10:14
  • Philadelphia Plaza Pushes Tolerance

    Campus Apartments CEO David Adelman leads $7 million fundraising effort for Holocaust Memorial.

    31 August 2017 17:50
  • Goodman Preleases 1 MSF at PA Logistics Center

    syncreon signed a seven-year lease to occupy one of the two industrial facilities at the Goodman Logistics Center Carlisle. The move is scheduled for early 2018.

    21 August 2017 16:07
  • Trailer Manufacturer Strengthens PA Footprint

    M.H. Eby purchased a 95,000-square-foot production plant in Ephrata for $3.3 million. Eby currently operates two other facilities in Lancaster County, but intends to move all Pennsylvania manufacturing operations in the Ephrata facility.

    17 August 2017 14:24
  • 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
  • Suburban Philly Office Asset Receives $6M Makeover

    A joint venture of Carlino Commercial Development and the Rothman Institute succeeded in transforming the 85,000-square-foot Class C property into a premier Class A building.

    09 August 2017 18:47
  • 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
  • Hunt Mortgage Enters PA, Appoints Director

    The company also appointed Harris Heller as managing director. In his new position he will lead the new production office and will report directly to Senior Managing Director Vic Clark and Managing Director Michael Becktel.

    26 July 2017 13:29
  • Brandywine Realty Relocates HQ to Urban Philly

    The company will keep its suburban Radnor offices, but will consolidate its corporate operations to FMC Tower at Cira Centre South in the University City area.

    24 July 2017 15:08
  • Hersha Sells 3 Hotels, Acquires Westin Philadelphia

    The company disposed of a portfolio consisting of three Hyatt House hotels, located in California and Arizona. The 294-key Westin Philadelphia is part of the Liberty Place mixed-use complex that also features office, retail and residential.

    24 July 2017 12:33