Philadelphia
Suburban Philly Portfolio Trades for Almost $80M
JLL secured financing for an approximately 640,000-square-foot office portfolio in King of Prussia. The buildings are part of the Renaissance Park corporate center.
CBRE Arranges Sale of Suburban Philly Office Park
Maguire Hayden Real Estate Co. acquired West Chester Office Plaza, a 116,621-square-foot, five-building ensemble located in West Goshen Township.
Sheraton Completes $7M Philly Hotel Renovation
Crescent Hotels & Resorts is the operator of the 250-key property constructed in the 1980s. Balongue Interiors handled the revamping process.
Vertex King of Prussia HQ Trades for $47M
The Class A property is located within the 200-acre Renaissance Park corporate campus. HFF represented both parties in the transaction.
American Academic, Harrison Street Buy PHL MOB Portfolio
The portfolio includes four medical office buildings and a parking garage on the Hahnemann University Hospital campus.
Sunstone Sells 2 Marriott Hotels for $139M
As of today, Sunstone has interests in 25 hotels comprised of 12,450 keys, operating under nationally recognized brands such as Marriott, Hilton and Hyatt.
Environmental Standards HQ Sells for $7M
The single-tenant building, located 25 miles northwest of Philadelphia, was expanded in 2013 to include more than 30,000 square feet.
Timothy Pulte Joins Colliers Leadership Team in Philly
The industry veteran will serve as senior executive vice president and oversee the company’s industrial and office brokerage divisions in eastern Pennsylvania, southern New Jersey and Delaware.
Interstate Lands Management of Philly Hotel
The new owner of the 349-key hotel, located near the city’s airport, is planning to extensively renovate the building in the near future.
First Industrial to Build 740 KSF Facility in Central PA
The 738,720-square-foot distribution center will be located adjacent to a 12-acre plot of land where the company plans to build an additional facility.