Philadelphia
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.
HFF Arranges Sale, Financing for 5-Property Self-Storage Portfolio
In a $35 million deal closed by HFF, Self Storage Capital Partners acquired five assets totaling more than 310,200 rentable square feet in Harrisburg, Pa.
Zurich Pays Record Price for Philadelphia Office Development
Zurich Insurance Group acquired a LEED Platinum-certified office asset in Philadelphia for a record price per square foot.
Philadelphia CVS Pharmacy Purchased in 1031 Exchange
A CVS Pharmacy located in the Holmesburg neighborhood in northeast Philadelphia has changed ownership in a tax deferred transaction brokered by Greysteel.
PECO Achieves LEED EBOM Gold for Philadelphia Headquarters
PECO’s achievement is the culmination of a $15.3 million environmental initiative to improve the sustainability of its buildings and operations across southeastern Pennsylvania.
Philadelphia’s Largest Rental Developments Completed in 2015
More than 1,600 brand-new apartments came online in 2015 in the City of Brotherly Love.
Marcus & Millichap Brokers Self-Storage Property Sale in Philly
Amsdell Cos. purchased Devon Self Storage, a more than 104,000-net-rentable-square-foot facility in Philadelphia, for $11 million.
Compass Expands in Philadelphia with Third Location
The newest Compass Self Storage location in Philadelphia will allow customers remote gate access via a smartphone app.