Philadelphia
Broad Street, MedAmerica Close Merger’s First Phase
The newly formed company launches with a portfolio of nine grocery-anchored shopping centers totaling approximately 865,600 square feet in the Mid-Atlantic region.
American Real Estate Partners Breaks Ground in Philadelphia Suburb
Developed in partnership with Oliver Tyrone Pulver Corp. and Partners Group, the 14-story office property is slated to come online late next year.
Geosyntec Relocates to 550-Acre New Jersey Campus
NKF assisted the environmental consulting and engineering firm in moving from Ewing to Hopewell.
The Bloom Org. Sells New Jersey Office/Flex Complex
The five-building Fellowship Business Center in Mount Laurel traded in a $10.7 million deal.
Cordish, Gilbane Top Out $700M Philadelphia Casino
The developers anticipate the 1.5 million-square-foot project will have a $2 billion economic impact and generate 5,000 jobs in the city.
JV Sheds Philly-Area Office Asset
Taconic Capital and Cohen Equities sold the 165,000-square-foot property in King of Prussia, Pa., which sits close to the country’s largest mall.
Venture X Opens New Location in Lehigh Valley
By January 2020, the coworking company will occupy 13,000 square feet at the recently completed Gateway at Greenway Park in Bethlehem, Pa.
CommonGrounds Makes 1st Philadelphia Foray
The flexible office startup inked a 62,461-square-foot lease across two floors in a Center City office tower, as part of a nationwide growth spree. Shorenstein Properties owns the building.
Extra Space Storage Breaks Ground in NJ
Homestake Capital and Harvestate Group have started construction on a 595-unit self storage asset in Winslow, N.J. The facility is scheduled for completion by early 2020.
Liberty Property Trust Sells Philly Office Asset for $99M
The University of Pennsylvania’s health system, the property’s sole tenant, bought the Center City tower in a reportedly record-breaking deal.