Pennsylvania
Hilco Unit Plans “Bellwether District” at Former PES Refinery in South Philadelphia
Hilco Redevelopment Partners (HRP), an operating company within Hilco Global, has announced a new brand and identity for the former PES refinery in… Read moreCushWake Arranges 15-Building Industrial Sale Across Three States
Cushman & Wakefield arranged the sale of the Interstate Industrial Portfolio, consisting of 15 buildings spanning 2.57 million square feet across Harrisburg,… Read more
Dalfen Bolsters Central PA Presence with Two-Building Portfolio
Dalfen Industrial acquired a two-building, 572,800-square-foot portfolio in the I-78/I-81 corridor of Pennsylvania. Seller and pricing weren’t disclosed. The portfolio includes buildings in Lancaster and Elizabethtown, PA. The 252,800-square-foot Lancaster property… Read more
Ensemble/Mosaic Launches Ambitious ESG/DEI Initiative at Philadelphia Navy Yard
Ensemble Real Estate Investments and Mosaic Development Partners (Ensemble/Mosaic) has launched an ambitious Environmental, Social & Governance (ESG) program at the Philadelphia… Read more
JLL Arranges $114M Trade of Grocery-Anchored Centers in Philly Metro
JLL Capital Markets closed the $114.25-million sale of and secured $80.5 million in acquisition financing for a five-property grocery-anchored retail portfolio… Read more
IPA Brokers Central PA Sale for Cedar Realty Trust
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of Camp Hill Shopping Center, a 430,198-square-foot shopping center in Camp Hill, PA, near… Read more
New Mountain Net Lease Picks Up Life Sciences Property in Philly Suburbs
New Mountain Net Lease Partners acquired a two-story life sciences facility in the Philadelphia suburb of Bristol, PA from a… Read more
CBRE Makes Key Hire for Lab Asset Management Platform
Katie Winter has joined CBRE as global sales & client solutions leader for Integrated Lab Solutions (iLS), a fast-growing segment of CBRE’s… Read more
Prime Redevelopment Site Trades in Center City Philly
Rittenhouse Realty Advisors closed the $24.5-million sale of a prime redevelopment site located in the Rittenhouse Square neighborhood in Philadelphia.… Read more
Berkadia Webinar Drills Down into What Tax Policy May Look Like Post-Election
The question of what tax policy will look like post-inauguration hangs in the air and much still depends on the… Read more
Silverstein, Cantor Fitzgerald Partner on Philly Life Sciences Project
Manhattan-based Silverstein Properties and Cantor Fitzgerald are partnering with University Place Associates (UPA), a sustainable commercial development firm based in… Read more
SIOR President-Elect Patrick Sentner on Working—and Networking—Remotely
By Paul Bubny As COVID began rearing its ugly head and stay-at-home orders began, SIOR Global was forced to cancel… Read more
Durst Organization Tapped to Develop Philly Waterfront Parcels
The Durst Organization has been selected as the Delaware River Waterfront Commission (DRWC) development partner to develop two key parcels at Penn’s… Read more
Meridian Arranges $187M Construction Debt for Philly Offices
Meridian Capital Group arranged $187 million in construction and mezzanine financing and equity for the ground-up construction of a Class-A office… Read more
PIDC Names Development Team for 109 Acres at Philly Navy Yard
The Philadelphia Industrial Development Corporation (PIDC) has selected a team of Ensemble Real Estate Investments and Mosaic Development Partners as its… Read more
Alterra Garners $120M Financing for Philly MXU
Lionheart Strategic Management and Bank OZK closed on a $120-million loan to Alterra Group. The financing will be used to… Read more
Independence Blue Cross Acquires Philly HQ for $360M
CBRE arranged the sale of 1901 Market St., the headquarters of Independence Blue Cross in Center City Philadelphia. Independence acquired… Read more
Hilco Acquires 1,300-Acre Refinery Site in Philadelphia
Hilco Redevelopment Partners (HRP) completed its $225.5-million purchase of the 1,300-acre former Philadelphia Energy Solutions (PES) refinery in Southwest Philadelphia.… Read more
GNC Files for Chapter 11, Plans Sale of Company
Pittsburgh-based GNC Holdings said late Tuesday it had filed for Chapter 11 protection, with plans to sell itself for at… Read more