Pennsylvania
EQT Exeter Closes Value-Add Industrial Fund at $4.9B
EQT Exeter Industrial Value Fund VI has held its final close at US$4.9 billion in fee generating assets under management, exceeding its… Read more
Philly-Area Industrial Portfolio Trades for $195M
Three years after acquiring it amid the pandemic, Wharton Industrial, a platform company of New York City-based Wharton Equity Partners,… Read more
Centerbridge, GIC Complete Acquisition of INDUS Realty Trust
INDUS Realty Trust, Inc., a New York City-based industrial/logistics REIT, has been acquired by affiliates of Centerbridge Partners, L.P. and… Read more
Alterra Acquires East Bay Industrial Outdoor Storage Properties
(Updated with additional information) Alterra Property Group has acquired a pair of East Bay industrial outdoor storage (IOS) properties for… Read more
Affinius Capital Provides $180M Construction Loan for NJ Logistics Center
Affinius Capital has provided a $180 million loan to finance the development of the Garden State Logistics Center in Pennsville… Read more
Report: Increasing Office Sublet Space Could Add Challenges to Upcoming Maturities
The office sector continues to take a beating, as indicated by higher vacancies and flight to quality. Then there is… Read more
CBRE: Boston/Cambridge Remains Top Market for Life Sciences Research Talent
Boston and Cambridge remain the top markets for life sciences research talent in the United States, according to a recent… Read more
Oak Street Health Plans Four-State Expansion
Oak Street Health, a network of value-based primary care centers for adults on Medicare, plans to open centers in Little… Read more
Blackstone’s Club Quarters Chicago Appears Headed for Foreclosure
The 429-key Club Quarters Chicago hotel in the Central Loop appears headed to foreclosure after negotiations stalled on a delinquent… Read more
RKW Residential Promotes John DeMario to Regional VP
RKW Residential has promoted John DeMario to Regional Vice President, overseeing a portfolio in the Carolinas and Missouri. DeMario previously… Read more
Sam Zell Dies, Age 81
Sam Zell, a pioneering real estate investor and founder of Equity Residential (EQR), Equity Office and Equity Group Investments, died… Read more
Chinese E-Bike Company Expands to Elkton with New Industrial Lease
MetalRays, an electric bike manufacturer and distributor based in China, has signed a lease with McConnell Development for a 109,192… Read more
Max Ducharme Named Managing Partner of New Basis Alternative Investments Initiative
Basis Industrial has appointed Max Ducharme as managing partner of Basis Alternative Investments. This new branch of Basis Industrial focuses… Read more
Hundreds of Bed Bath & Beyond and buybuy BABY Leases up for Auction
A&G Real Estate Partners will auction Bed Bath & Beyond and buybuy BABY leases as part of the company’s Chapter… Read more
Residential Roofing Company Expands to Fourth Location in Maryland
PJ Fitzpatrick, LLC, a Delaware-based company that specializes in home repairs and replacements, has selected Melford Town Center in Bowie… Read more
Kaiser Permanente Launches Expansion Strategy with Pennsylvania Acquisition
Kaiser Permanente is acquiring Danville, PA-based Geisinger Health, a network of 10 hospitals, simultaneously launching a new value-based healthcare initiative,… Read more
Meridian Capital Arranges Acquisition Loan on Suburban Philly Offices
Meridian Capital Group arranged $59 million in acquisition financing for One Tower Bridge, a high-rise office tower located in the… Read more
Houston Center Site for 6th Puttshack
Puttshack, the latest version of mini-golf, is opening up at Houston Center, in downtown Houston. Puttshack’s new indoor 26,000 square-foot… Read more
Allen Distribution Leases 293K-SF in Sumner
Pennsylvania-based logistics company Allen Distribution has broken into the Pacific Northwest market, signing a 293,000-square-foot lease at SeaPORT Logistics Center… Read more