Philadelphia
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.
Velocity Ventures Pays $20M for Metro Philly Property
The 452,323-square-foot industrial building last traded for more than $28 million.
Marcus & Millichap Hires Self Storage VP in Philadelphia
With 16 years of experience in the self storage sector, Kevin Bledsoe has taken part in the sale of more than 100 assets valued at over $400 million.
Trammell Crow Breaks Ground on Suburban Philly Industrial Park
Springbrooke Trade Center will comprise 484,000 square feet in two separate structures, with planned delivery in the second half of 2021.
Life Science Asset Attracts $225M From Middle Eastern Investor
Sidra Capital acquired a 90 percent stake in a five-building campus in suburban Philadelphia.
Colliers International Arranges Industrial Sublease Near Philadelphia
Misfits Market, a rapidly growing fruit and produce delivery service, vacated the property earlier this year.
Philadelphia Commercial Real Estate Wrap-Up – November 2020
Ventas, GIC join forces in uCity Square. Amazon-leased property sells for $71.5 million. Read our November selection of Philadelphia must-knows.
Rialto Sells Former Sears in Northeastern Philly for $29M
The new owner plans to reposition the 237,000-square-foot property under the “Court at Cottman” label.
CBRE Closes Sale of Amazon-Leased Philly Warehouse
Michael Hines, Brian Fiumara, Brad Ruppel and Lauren Dawicki assisted the seller of the 283,500-square-foot building.
Ventas, GIC Form JV to Develop Life Science Space
The joint venture encompasses four projects under development in two states, representing a combined investment of $930 million.