Philadelphia
Keystone Picks Up Key Office Asset in Philly
The company paid $114 million to acquire a premier office property from Rubenstein Partners.
Brandywine, Drexel Unveil $4.5B Plan for Philly Transit Hub
The 35-year plan, centered on Amtrak’s 30th Street Station, is set to bring 18 million square feet of mixed-use development to downtown Philadelphia.
Yardi Matrix: Philadelphia’s Growth Story
Multifamily Spring Report 2016: The demand for apartments continues to rise in the City of Brotherly Love, driven by positive economic and demographic trends.
Choice Hotels Celebrates Cambria Philadelphia Groundbreaking
The 222-key hotel along the Avenue of The Arts is set to open in 2017 in Philadelphia’s Center City.
PREIT Sells Downtown Philly Retail Properties to PH Retail
As part of its strategic plan to dispose of non-core properties, PREIT sold two Center City retail buildings to a Post Brothers affiliate.
Abington-Jefferson Health Breaks Ground on $75M Cancer Care Center
Asplundh Cancer Pavilion at 3941 Commerce Ave. in Willow Grove, Pa. is scheduled to open in 2017.
SugarHouse Casino Expansion Ups the Ante in Philly
HSP Gaming, owner and operator of the gaming destination, has completed the expansion project, taking the property from 108,000 to 260,000 square feet.
Hersha Closes Sale of Hyatt Place in Philadelphia Suburb
The 129-key hotel, located in a vibrant submarket, was purchased by a joint venture between DoveHill and Wurzak Hotel Group.
HFF Lines Up Financing for Suburban Philly Shopping Center
In a deal facilitated by HFF, The Hampshire Cos. and MCB Real Estate received a $21.7 million acquisition loan for Drexeline Shopping Center in Drexel Hill, Pa.
ULI Special Report: REITs Revitalize Philly’s Market Street
ULI 2016 Spring Meeting attendees toured recent and under-construction properties from Brandywine Realty Trust and Liberty Property Trust that are transforming Center City.