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Philadelphia

Office

GI Partners Buys Life Science Asset for $79M

Part of Philadelphia’s University City, the property commanded more than triple the average price per square foot for office space in the metro.
Beata Lorincz -
Health Care

Penn Inks Lease at Philadelphia-Area Life Science Hub

The university is taking more than 150,000 square feet in King of Prussia, Pa., for its Gene Therapy Program.
Scott Baltic -
Finance

Philadelphia Office Tower Gets $68M Refinancing

The 20-story Two Penn Center Plaza is located in the City Center neighborhood.
Gail Kalinoski -
Deals

CenterPoint Properties Buys 1 MSF Lehigh Valley Asset

The acquisition of the recently completed facility marks the buyer’s entry into the market.
Lucia Morosanu -
Development

Life Sciences Buildings to Launch $400M Navy Yard Phase I

The facilities are part of the $2.5 billion development plan in Philadelphia.
Gail Kalinoski -
Finance

Norvin Healthcare Lands $39M Loan for Philadelphia MOB

CIT Group arranged the financing for the Navy Yard property.
Adriana Marinescu -
Development

PRP Invests in Office Component at $325M Philadelphia-Area Development

The upcoming high-rise will house a pharma company at Keystone Property Group's SORA West project in Conshohocken, Pa.
Barbra Murray -
Deals

Camber, AIG Buy Greater Philadelphia Industrial Portfolio

Natixis backed the purchase of the 1.2 million square feet in Bucks County and Southern New Jersey with a $69.5 million loan.
Beata Lorincz -
Development

Dermody to Develop 1 MSF Logistics Park in Metro Philadelphia

The three-building property in Gloucester County, N.J., will get underway this spring, with CBRE responsible for leasing.
Scott Baltic -
Development

1st Tower to Launch at $3.5B Philadelphia Innovation Hub

Brandywine Realty Trust’s $287 million high-rise will be the first vertical project at the Schuylkill Yards development.
Gail Kalinoski -
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