Philadelphia
Nahla Capital Spends $126M on Philadelphia Office Tower
The asset, acquired in a joint venture with Goldman Sachs, is located in the Market Street West neighborhood and represents the buyer’s first expansion into Pennsylvania.
Philadelphia Office Building Trio Lands $355M Refi
NKF Capital Markets worked on behalf of Nightingale Properties and Wafra Capital Partners to secure loans for 1835 Market St., 1635 Market St. and 1500 Spring Garden.
JV Buys Land for PA Industrial Spec Project
The project—dubbed PARK 309—will encompass 260,000 square feet of warehouse/industrial space, across two separate buildings. Completion is slated for the end of 2018.
Keystone Property to Build Philly Corporate HQ
SORA West, the transit-oriented development the company is developing in Conshohocken, Pa., is set to become the corporate headquarters of Fortune 500 company AmerisourceBergen.
Veritas RE Acquires Pair of Philly-Area Office Buildings
The Marlton properties are located near major thoroughfares and less than 30 minutes away from Center City Philadelphia and Philadelphia International Airport.
Avison Young Adds Ninth Board Member in Philadelphia
Carol Johnson holds several board positions at various organizations and brings more than 25 years of experience in the industry.
C&W Tapped to Lease PA Industrial Facility
Advance Realty and The Davis Cos. own the 675,000-square-foot property at 2750 Morris Road in Lansdale, which recently underwent a $5 million repositioning.
Cabot Properties Picks Up $16M Philly-Area Warehouse
The roughly 174,000-square-foot warehouse is currently fully occupied by a single tenant and includes an urban infill site. The location allows for immediate access to three interstates.
Philadelphia-Area Distribution Facility Trades for $13M
CBRE brokered the sale and leaseback of the roughly 291,000-square-foot industrial property in Pennsburg, situated one hour away from downtown Philadelphia.
Core Philly Asset Scores $13M Refi
The 24-story hotel and residential tower is situated in Center City. Meridian obtained the loan from a balance sheet lender.