Philadelphia

Philadelphia-Area Office Asset Trades for $200 PSF

Kairos Real Estate Partners and Artemis Real Estate Partners have sold 518 Township Line Road in Blue Bell, Pa., four years after acquiring the property at a steep discount.

Philadelphia Commercial Real Estate Wrap-Up – March 2020

Industrial project lands $111 million loan. Hospital construction speeds up. Here’s our March selection of Philadelphia must-knows.

Penrose Plaza​. Image via Google Street View

Philadelphia Grocery-Anchored Retail Center Lands Refi

AXA Equitable Life Insurance Co. provided the five-year, fixed-rate loan.

Clarion Partners Buys Industrial Asset Near Philadelphia

The company acquired the 183,000-square-foot warehouse through one of its investment funds.

Suburban Philadelphia Self Storage Asset Trades for $13M

After an expansion in 2016, the facility changed hands for nearly four times the price it had sold for in 2013.

Lehigh Valley Industrial Park Lands $111M in Financing

Acting on behalf of an institutional joint venture, JLL Capital Markets placed a loan with Wells Fargo.

Mindspace to Open 1st Philadelphia Coworking Location

In addition to its 42,000-square-foot shared space, the firm will manage the historic Wanamaker Building’s office amenities.

BHN Associates Buys Philadelphia-Area Industrial Building

The asset is fully leased to two tenants and includes a significant office component.

CBRE Adds New Executive in Philadelphia

Vincent Ranalli has been with the company since 2005 and specializes in industrial real estate.

Philly-Area Shopping Center Trades for $25M

ShopRite is the anchor of the 2003-built, fully leased property.