Philadelphia
Avison Young Welcomes New Philadelphia Principal
Wayne Hunt brings 42 years of experience to the position, with previous executive roles at Cushman & Wakefield, JLL and The Galbreath Co.
Avison Young Hires New Principal
Scott Martin has more than 15 years of commercial real estate experience. In the new role, he will help grow the firm’s Greater Philadelphia and New Jersey health-care portfolio.
PNL Cos. Sells Suburban PA Office Building
The company received $15.5 million for Malvern Executive Center, a Class A property in Malvern, Penn., purchased five years ago through foreclosure.
JV Completes Sale of PA Industrial Facility
J.G. Petrucci and The Davis Cos. have sold Wind Gap Logistics Center, a 349,012-square-foot warehouse and distribution property developed in 2018.
JV Plans New Office Building in Philly Sports Complex
Comcast Spectacor and The Cordish Cos. recently announced that they will build Pattison Place, a 200,000-square-foot premier asset adjacent to their Xfinity Live! mixed-use complex.
Toll Brothers Relocates PA Headquarters
The company leased an entire 163,000-square-foot office building in Fort Washington, Penn., and will move its 900 employees in the fall.
Endurance Real Estate Acquires $24M Industrial Asset
The property is situated within a short distance to interstates 95, 295 and 276. Previous ownership renovated the property in 2018 and renewed long-term leases for the three tenants.
AeroAggregates Expands Operations at PA Plant
The company uses 100 percent post-consumer recycled glass to produce the lightweight building aggregate, ideal for construction and infrastructure projects.
Morgan Properties Buys PA Office Complex
HFF facilitated the sale of Millennium I, II and III, a three-building campus located in Conshohocken, a northwestern suburb of Philadelphia.
Urban Outfitters Inks 310 KSF Industrial Lease in PA
The 309,000-square-foot facility is being developed by Herring Properties in Bucks County, Pa., and is slated for completion by mid-year 2019.