Philadelphia
Cushman & Wakefield Adds New Talent to NJ Office
David Townes joins Cushman & Wakefield’s New Jersey office. Previously, he worked for various firms in the retail sector and created BrokerMap, an app for real estate brokers.
Northeastern PA Industrial Portfolio Changes Hands
Cushman & Wakefield’s Industrial Advisory Group mediated the sale of an industrial portfolio totaling 544,974 square feet. The three buildings are located near an extensive network of highways.
Carter Validus Buys Two Data Centers for $34M
The company enlarged its data center portfolio with two assets, one in Tempe, Ariz. and another in King of Prussia, Pa. This year, the company invested over $1 billion in data center facilities.
LMC to Manage, Lease NJ Shopping Center
The property is leased by ACME Supermarkets. Levin Management Corp. advised LMC Properties in acquiring the asset.
Joint Venture Nabs Philly-Area Shopping Center
CBRE obtained $18 million in financing for the purchase of Forks Town Center in Easton, Penn. The 100,250-square-foot property is anchored by a Giant Food Store.
Philly Creative Office Asset Trades for $29M
The 100,998-square-foot premier building previously served as a car dealership and a warehouse, until its conversion to office in 1982.
CBRE Tapped to Lease Lehigh Valley Office Building
The LEED Gold certified The Plaza at 835 Hamilton in Allentown, Pa., is home to financial tenants such as PPL Gold Credit Union and BB&T Bank.
Philly Investor Nabs Shopping Center in the Metro
The 359,673-square-foot property boasts good exposure and is situated off a major junction in Exton, Penn., only 30 miles from Philadelphia.
JLL Secures $96M for Philly Office Buy
In an unusual deal, Taconic Capital Advisors and Cohen Equities consolidated their ownership of a 13-story historic tower in the city’s Market East section.
Philly-Area Gateway at Greenway Park Tops Out
The mixed-use project in Bethlehem, Pa., will include a 600-space parking, office and retail space. St. Luke’s University Health Network and Lehigh University are among the building’s anchor tenants.