Philadelphia
The Design Files: Embodying the Community Spirit
Architects are taking design to the next level by using input from the community to add more meaning to shapes. The Tangram development in Queens, N.Y., is an ode to Flushing, while residents at One Riverside in Philadelphia dictated the final layout of the condominium.
University of Pennsylvania Buys 247 KSF Industrial Asset
The property is less than 1 mile from Interstate 95 and approximately 3 miles from Philadelphia International Airport. Binswanger brokered the transaction.
Cushman & Wakefield Selects New Senior Director
With 15 years of industry experience, Shane Funston will focus on facilitating, managing and executing real estate strategies for a range of health-care clients.
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.