Evelina Croitoru
Phoenix-Area Shopping Center Fetches $23M
Sterling Org. acquired a 107,633-square-foot shopping center anchored by Safeway. The property’s high-profile tenants include The UPS Store, Nationwide Vision, GNC and FastFrame.
Uline Inc. Signs 1 MSF Lease Near Atlanta
Ackerman & Co. is developing the bulk distribution center, which is expected to be complete in late 2017. Uline Inc. is scheduled to move in during the first quarter of 2018.
ASB Names New VP
Brian Chen joined the company in 2014 and holds more than nine years of commercial real estate experience under his belt. Prior to joining the company, he worked at Tishman Speyer and Booz Allen Hamilton.
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.
River City Chosen for Spec Office Development
The Rebkee Co. and developer Serabi are in the early stages of a plan to raze an existing warehouse at 949 Myers St. If plans are approved by the city, a 63,800-square-foot, three-story office building will rise on the site of the former Interbake Foods property.
Amazon Web Services Creates 1.5K Jobs in VA
The cloud services division of Amazon.com will take over the 406,855-square-foot Class A building at 13200 Woodland Park Road in Herndon, Va. One Dulles Tower features 406,855 square feet of office, 3,500 square feet of retail and a 10,000-square-foot data center.
Int’l Recruitment Firm Coming to Philly
Frank Recruitment Group will occupy 21,300 square feet of space at 1801 Market St. where it will establish its regional Pennsylvania headquarters. The company will create 250 jobs for the new office.