Deals
Philadelphia-Area Distribution Facility Trades for $13M
CBRE brokered the sale and leaseback of the roughly 291,000-square-foot industrial property in Pennsburg, situated one hour away from downtown Philadelphia.
Core Philly Asset Scores $13M Refi
The 24-story hotel and residential tower is situated in Center City. Meridian obtained the loan from a balance sheet lender.
Colliers Brokers Sale of 2 PA Retail Assets
The properties—a 9,000-square-foot, three-story historic office and retail building and a gas station/convenience center—traded for a combined $6.8 million.
RoundPoint Mortgage to Relocate Carolinas HQ
The residential mortgage company is expected to move into the upcoming 150,000-square-foot building next, thanks to a deal facilitated by Savills Studley.
World Wide Technology Enters DC Market
NKF represented the technology solution provider in signing a lease to occupy more than 10,000 square feet at the LEED Platinum certified Terrell Place.
Sealy & Co. Acquires 2 Oklahoma City Industrial Assets
Purchased on behalf of Sealy Strategic Equity Partners, the properties total more than 400,000 square feet, bringing the firm’s local square footage ownership to more than 2.1 million square feet.
Stockbridge Grabs $40 South FL Retail Asset
The new owner selected CREC to oversee management and leasing for The Fountains of Miramar, a nearly 140,000-square-foot shopping center.
Unity Health Relocates DC HQ
The health care company will occupy nearly 30,000 square feet of office space in WC Smith’s recently renovated building, following Alion Science & Technology’s departure.
Boston-Area Flex/R&D Complex Lands $21M Loan
Parsons Commercial Group has acquired the 330,000-square-foot Chiswick Park, for $27.5 million. Berkadia secured acquisition financing for the five-building office and industrial ensemble.
CBRE Arranges Sale of FL MOB
Located at 4800 North Federal Highway, the 13,851-square-foot property offers convenient access to Sample Road, E. Hillsboro Boulevard and S. Ocean Drive.