Northeast
The Bloom Organization Sells 32-Building Industrial Portfolio
Colliers International brokered the sale of the 1.2 million-square-foot, fully leased collection of properties, which is located in Pennsauken, N.J., a Philadelphia suburb.
Facebook Inks 730 KSF Office Lease in Manhattan
Vornado Realty Trust will house the social media giant in the Farley Building redevelopment next to Penn Station.
Brooklyn Macy’s Lands $66M Loan
The store, located one block from the Hoyt Street subway station, is at the base of a 12-story building leased to Whittle School & Studios.
Philadelphia Commercial Real Estate Wrap-Up – July 2020
PIDC selects Navy Yard expansion team. Brandywine Realty gets $115 million in Center City. Here’s our July selection of Philadelphia must-reads.
Top 10 Office Projects Under Construction in Philadelphia
Groundbreaking work has been completed for two projects so far in 2020, while one-third of the pipeline is slated for delivery by year-end, Yardi Matrix data shows.
PIDC Picks Team for Philadelphia Navy Yard Expansion
Together with Ensemble Real Estate Investments and Mosaic Development Partners, the public-private corporation expects the 109-acre project to generate up to $2.6 billion in new investments and create thousands of jobs.
Colliers Inks Suburban Philadelphia Industrial Lease
Managing Director Marc Isdaner represented landlord GFI Partners in the 151,600-square-foot full-building lease.
Breakthrough Properties Completes Full-Building Lease in Boston
The company formed by Tishman Speyer and Bellco Capital to focus on life sciences assets has landed a major tenant for its first ground-up development.
UMH Properties Buys Pennsylvania MHC
The community encompasses 147 sites situated on approximately 27 acres in Altoona.
Mack-Cali Realty Names MaryAnne Gilmartin Interim CEO
The veteran executive takes the reins as the REIT searches for a permanent successor to Michael DeMarco.