Philadelphia

Suburban Office Park Sale Reaches Pre-Recession Level

A new owner has emerged for the Plymouth Woods Office Center, a five-building office park at 521-531 Plymouth Road in Plymouth Meeting, Pa.

Apartment Building Sale in Philadelphia Sets New Record

A new transaction highlights the strength of Philadelphia’s multifamily market.

Starwood’s First Dual-Branded W + Element Hotel Coming to the ‘City of Brotherly Love’

Starwood Hotels & Resorts Worldwide, Inc. has officially begun construction on its first-ever W and Element dual-branded hotel development.

Retirement Complex Sold for $62 Million

Watermark Retirement Communities, a senior living company based in Tucson, AZ, sold one of its retirement communities in center City Philadelphia.

RECon Special Report: Insiders Share Coast-to-Coast Insights

A visitor to RECon this week could tour real estate markets around the country without setting foot outside the Las Vegas Convention Center.

833 Chestnut St. Trades Hands for $160 Million

Less than one year after it was put on the market, the 12-story data center and medical office building sitting across from Thomas Jefferson University Hospital (TJUH) in Center City Philadelphia is under new ownership.

Keystone’s Class A One Presidential Building in Bala Cynwyd Almost Fully Leased

By Veronica Grecu, Associate Editor One Presidential Building, a premier office property located in one of the most desirable submarkets in suburban Philadelphia, will soon reach full occupancy. Owner Keystone Property Group announced it signed a lease agreement with Live Nation Entertainment for 12,000 square feet of space at the four-story Class A asset. Keystone […]

CBRE Global Investors Takes 2 in Philadelphia

The Los Angeles-based firm paid a reported $200 million for two Class A office buildings in Center City.

231-Unit Luxury Complex Set to Break Ground in Downtown Wilmington

This summer Buccini/Pollin Group will break ground on a new luxury apartment complex as part of a revitalization plan in Wilmington.

Metro Self Storage Pays $29 million for Self-Storage Portfolio in Suburban Philadelphia

A portfolio of self-storage properties changed hands this month in suburban Philadelphia in a transaction brokered by HFF on behalf of the seller, PFG Capital of York, PA.