Pennsylvania
LaGuardia Plaza Hotel Conversion Lands $65M
Sabal Investment Holdings, Bsafal Inc., and Argo Real Estate have formed a joint venture to provide a $64.5 million loan… Read more
Baltimore-Based St. John Properties Reveals Harrisburg Mall Redevelop Plan
Baltimore-based St. John Properties plans to redevelop Harrisburg Mall in Dauphin County, PA., into Swatara Exchange, a mixed-use business community.… Read more
Examining Current and Future R&D/Lab Space Trends
Life sciences/research and development real estate experienced a reset in 2023, according to JLL. Still, demand will likely rebound in… Read more
Rockefeller Group JV to Develop Logistics Project in Philly
A joint venture of Rockefeller Group and PCCP, LLC has purchased a fully entitled 50.44-acre site located at 15000 Roosevelt… Read more
GREP Leases 860K-SF Small-Bay Industrial Space
Greek Real Estate Partners (GREP), a New Jersey-based industrial real estate firm, has secured over 860,000 square feet in small-unit… Read more
JLL Tapped as Facilities Manager for 35-Property Healthcare Portfolio
JLL announced it would continue to deliver Integrated Facilities Management (IFM), Lease Administration, Property Management (PM), and Energy and Sustainability… Read more
PREIT Files for Prepackaged Chapter 11 Bankruptcy
Philadelphia-based shopping center PREIT said Monday it had filed a voluntary Chapter 11 petition in U.S. Bankruptcy Court for the District of Delaware.… Read more
CBRE Arranges Florida’s Largest Industrial Sale
CBRE has arranged the sale of a 25-building industrial portfolio totaling 1,393,972 sq. ft across Miami-Dade and Broward Counties in… Read more
Denholtz Properties Launches Rescue Capital Fund
Denholtz Properties has launched the Denholtz Opportunity Fund II, a specialized capital solution aimed at addressing financial hurdles in commercial… Read more
Rite Aid to Close More Seattle-Area Bartell Drugs Stores
Following the recent Chapter 11 bankruptcy filed by Rite Aid Corporation, several Puget Sound Bartell Drugs stores are facing closures.… Read more
Affinius Originates $102M for NJ Logistics Center
Affinius Capital has provided a $102 million loan to finance the second phase of the Tac-Pal Logistics Center, an industrial… Read more
Morgan Properties Acquires 470-Unit Apartment Complex in Indy
Morgan Properties, a national real estate investment and management company headquartered in Pennsylvania, acquired Astoria Park Apartments, a 470-unit apartment… Read more
MDH Partners Expands with Indiana Warehouse Acquisition
Atlanta-based firm MDH Partners has expanded its presence in Indiana with the acquisition of a 247,000-square-foot industrial facility in Noblesville,… Read more
Rite Aid Files for Chapter 11 Bankruptcy
Drugstore chain operator Rite Aid Corporation has filed for Chapter 11 bankruptcy. The Philadelphia-based company has reached a restructuring agreement with… Read more
Novae Corp. Completes Nine-Property Sale-Leaseback
Newmark arranged the sale-leaseback of Novae Corp.’s nine-property, 754,795-square-foot, 238-acre industrial portfolio spanning across five U.S. states. Newmark advised Novae Corp. in… Read more
