Philadelphia

  • 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
  • JLL Announces New Promotions in Philly Office

    Mike Morrone has been named market director for the company’s Philadelphia office, while Tony Juliano will begin operating as JLL's COO.

    20 July 2017 16:32
  • Amato Properties Acquires Pennsylvania Shopping Center

    A private investor based in southeastern Pennsylvania sold Scott Town Plaza, a 73,634-square-foot neighborhood shopping center in Bloomsburg, Pa., for $5.5 million. At the time of sale, the property was fully leased.

    19 July 2017 08:44
  • 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
  • John Campbell Appointed President of Francis Cauffman

    The long-time principal will serve as president of the company. Campbell is a specialist in workplace programming, planning and design strategies.

    22 June 2017 15:21
  • Courtyard Philadelphia to Join Autograph Collection

    The 499-key hotel is listed on the National Register of Historic Places. Marriott will continue to manage the property after its conversion.

    22 June 2017 09:54
  • 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
  • Innovation Park at Penn State Expands

    The new office building and research center will be located within Innovation Park at Penn State, a 1.4 million-square-foot development with 1 million square feet of space already completed.

    13 June 2017 11:56
  • CBRE to Lease Suburban Philly Office Asset

    The 180,000-square-foot One Plymouth—which was constructed in 1969 and is located within Plymouth Meeting Mall Campus—is set to undergo a complete makeover.

    13 June 2017 09:06
  • 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