Pennsylvania
EQT Buys 20 Industrial Properties from Prologis
Radnor, Philadelphia-based EQT Exeter, a global real estate manager, has acquired 20 industrial properties strategically located in Minneapolis, with plans to… Read more
Chicago/Midwest People & Company News, week of May 20, 2024
JLL has elected Susan Gore as an independent, non-executive member of its Board of Directors. She will also serve on… Read more
Marcus & Millichap Adds Senior-Level Talent Across Markets and Divisions
Marcus & Millichap said it’s continuing to build its senior-level broker and financing professional hiring momentum across its Institutional Property Advisors (IPA),… Read more
Solar Roof Panel Maker Completes 450K-SF Georgetown Plant
GAF Energy has opened its new 450,000-square-foot Timberline Solar manufacturing facility in Georgetown. The company built the facility to meet the growing demand… Read more
X Team Adds Philadelphia Affiliate, Rolls Out Retailer Services Platform
X Team Retail Advisors, a national organization comprised of more than 350 retail real estate affiliate specialists, said Monday it’s expanding its… Read more
KBRA: Nearly a Third of Office CMBS is Distressed
The volume of distressed office in conduit and single-asset, single-borrower CMBS increased to a combined $52.2 billion in March, nearly… Read more
Rock Lititz Building Nashville Entertainment Campus
Rock Lititz is building a facility near Nashville that will include rehearsal studios, offices and seating for live entertainment. It… Read more
Trophy Office Development: Yes or No?
In the April 10, 2024 Walker Webcast, Walker & Dunlop’s Willy Walker and noted economist Peter Linneman discussed the office… Read more
Greystar Adds Alpharetta Active Adult Property to Portfolio
Greystar says it’s started construction on its Alpharetta active adult rental community. The Everleigh Deerfield will be located 1010 Meliora… Read more
Big Ray’s Steaks Signs New Lease in Hamilton
Fennelly Associates has negotiated a 1,250-square-foot retail lease at Briarwood Shopping Village in Hamilton Township, NJ, bringing the property to… Read more
Marcus & Millichap Arranges $5M Sale of MD Medical Office
Marcus & Millichap announced the sale of Northbay Professional Pavilion, a medical office property in Elkton, Md., for $4.5 million.… Read more
Faropoint Secures $90M for 10-Asset Portfolio in Northern NJ
Faropoint, a data-driven real estate investment firm focusing on last-mile industrial properties, has secured a $90 million loan from New… Read more
Marcus & Millichap Brokers NJ Self Storage Sale
Marcus & Millichap announced the sale of Highlands Self Storage, a 53,865-square-foot facility in Franklin, NJ. Terms of the sale… Read more
Homeless-Shelter Developers Buy BK Industrial Building for $16M
Royal Industries International Inc. has sold its Greenwood Heights building in Brooklyn to 25th Street Owner LLC for $16.4 million, New… Read more
Chicago-Based Commercial Real Estate PR Firm Names New SVP
Akrete, an award-winning, national public relations, content development and marketing firm headquartered in Evanston, Illinois, has appointed John Pappas as… Read more
Luxury Medspa Opening Newest Location in Indiana
A new luxury wellness and skin rejuvenation center is slated to open in Indiana, serving Granger and neighboring communities in… Read more