Pennsylvania
Arden Logistics Parks Expands Industrial Portfolio in Charlotte, NC with Acquisition of Northridge Business Center
Arden Logistics Parks (ALP), a logistics operating platform launched by the Arden Group, has acquired Northridge Business Center. The four-building,… Read more
Cordish Companies to Take Louisiana’s Diamond Jacks Casino “Live!”
The Cordish Companies has acquired the abandoned Diamond Jacks Casino & Hotel in Bossier City, Louisiana from Foundation Gaming. Cordish… Read more
Hill Management’s Bel Air Plaza Adds Three Tenants
Hill Management Services, Inc. has attracted three new retail tenants to Bel Air Plaza, a 160,000 square foot neighborhood shopping… Read more
Service Properties Trust Divests 16 Hotels for $137M
Newton, MA-based Service Properties Trust has sold a 16-property, 2,155-key hotel portfolio located across nine states. A joint venture of… Read more
JV of Venture One, DRA Recapitalizes Industrial Portfolio for Nearly $369M
Rosemont, IL-based Venture One Real Estate has formed a joint venture with New York City-based DRA Advisors to take over… Read more
Atlanta Ends 2022 in Third for US Industrial Leases, Savannah in Fourth
Demand for industrial and logistics warehousing space is driving an increase in megawarehouses, according to CBRE. The largest 100 industrial… Read more
Hilco Redevelopment Partners Names Co-Founder as CIO
Hilco Redevelopment Partners (HRP), the real estate redevelopment unit of Hilco Global, has named Andrew Chused as CIO. Chused, a co-founder of… Read more
Hilco Redevelopment Partners Promotes Andrew Chused to CIO
Hilco Redevelopment Partners, the real estate redevelopment unit of Hilco Global, has promoted Boston, MA-based Andrew Chused to CIO. He… Read more
Winstanley Enterprises Appoints Alison Lies to EVP Role
Concord, MA-based commercial real estate development and investment firm Winstanley Enterprises has hired Alison Lies as EVP. In this role,… Read more
DC Region Among the Nation’s Most Expensive for Dedicated Desks
The coworking space industry is booming nationwide due to consistent demand. However, prices for the same services differ widely across… Read more
Comstock Holding Companies Locks in 10-Year Leases Totaling 75K SF at Reston Station
Reston, VA-based Comstock Holding Companies, Inc. — a developer, investor and asset manager of mixed-use and transit-oriented properties in the… Read more
Jamestown Starts Local-Sourced Mass Timber Office in Atlanta’s Ponce City Market
Atlanta, GA-based Jamestown, a design-focused real estate investment and management firm, has started vertical construction on 619 Ponce, a four-story… Read more
Montecito Medical Real Estate Stitches Up $50M Refi for MOB Portfolio
Nashville, TN-based Montecito Medical Real Estate has secured a $50.4-million financing for a national medical office building portfolio. John Nero,… Read more
Merion Realty Partners Purchases 246-Unit Multifamily in Milford
Wynnewood, PA-based real estate investment group Merion Realty Partners has acquired the Halstead Milford, a 246-unit multifamily community in Milford,… Read more
INDUS Realty Trust to be Taken Private by Centerbridge, GIC for $868M
Shares of INDUS Realty Trust were up Wednesday after the New York City-based industrial/logistics REIT announced a definitive merger agreement… Read more
Study: The Latest Work From Home Trends
There’s been plenty of speculation about whether the work-from-home movement will continue. Bloomberg’s contention is that a weaker U.S. job… Read more
Midlothian Site for New Plant-Based Milk Mega-Plant
SunOpta spent $125 million on the 285,000 square foot plant. Combined, they’ve spent $200 million in plant-based production in the… Read more
Cresa Adds Industrial Expert in Philly Area
National industrial expert Eric Zahniser has joined occupier-centric commercial real estate firm Cresa as a managing principal with the firm’s industrial services group.… Read more
Berkadia Finalizes $40M Sale of Shovel-Ready Site Zoned for 36 Stories in Downtown Miami
Berkadia has arranged the $39.5-million sale of a one-acre, Opportunity Zone-designated site in the heart of Downtown Miami for a… Read more