Philadelphia

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.

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.

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.

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.