News

444 E. North Lane

Cabot Properties Picks Up $16M Philly-Area Warehouse

The roughly 174,000-square-foot warehouse is currently fully occupied by a single tenant and includes an urban infill site. The location allows for immediate access to three interstates.

Retail Leaders Share Strategies for Change

Marcus & Millichap’s annual Retail Trends panel, held during RECon, addresses the opportunities and challenges posed by a sector going through rapid transformation.

Economy Watch: Memorial Day Weekend Travel Up This Year

More than 41.5 million Americans will travel this holiday weekend, according to AAA, which bodes well for hotels, restaurants and other tourist-related real estate.

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.

Windsor Suites at 1700 Benjamin Franklin Parkway

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.

JV Kicks Off Work at Miami Mixed-Use Project

The reimagined CocoWalk is slated for delivery in late 2019 and is set to feature 250,000 square feet of Class A commercial space.

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 Servicing Headquarters

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.