Pennsylvania
With Emerging Energy Sources Come Emerging Energy Hubs
As renewables and alternative sources grow their share in the mix of total energy production, new real estate hub markets… Read more
Avison Young Hires Property Management Leader for Tri-State
Avison Young has hired Eric Stone as principal & regional director of Real Estate Management Services (REMS). Stone will be based out of the firm’s… Read more
Blackstone Adds $2.8B of Industrial in Cabot Properties Deal
Two vehicles affiliated with Blackstone Real Estate have acquired $2.8 billion of institutional-quality logistics assets from Cabot Properties, Inc. in… Read more
Y-O-Y Industrial Occupancy Gain of 500M SF Sets Record
The U.S. industrial market set new records across multiple key performance indicators, according to Transwestern’s third quarter U.S. industrial market… Read more
U.S. Industrial Occupancy Posts Largest Annual Growth on Record
The U.S. industrial market set new records across multiple key performance indicators, according to Transwestern’s third quarter U.S. Industrial Market report. More than 540 million… Read more
CBRE IM Fund Acquires 716K-SF Logistics Asset in MD
A fund sponsored by CBRE Investment Management – formerly known as CBRE Global Investors – has acquired a 716,490-square-foot bulk… Read more
Arden Group, Arcapita Target $2B of Acquisitions with Industrial JV
Bahrain-based Arcapita Group Holdings and Philadelphia-based Arden Group have formed a joint venture to acquire multi-tenant industrial properties in urban centers across major… Read more
Billion-Dollar Disasters Spur Mitigation Funding
The announcement this week that the de Blasio administration would allocate $110 million to addressing sea-level rise and storm surge that together pose a threat… Read more
Mission-Driven Crowdfunding Platform Small Change Backs Five Projects Nationwide
Pittsburgh-based Small Change, a mission-driven real estate crowdfunding platform, has raised $2.1 million for five projects across the U.S. totaling $54 million… Read more
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 more
CMBS Disposition Activity Trails Off in September
CMBS disposition activity dropped off in September with approximately $389.77 million across 14 loans resolved with more than $229.23 million in… Read more
Wonolo Announces Raise of a $138M Growth Round
Increasingly, businesses across the country are grappling with unpredictability – from inconsistent consumer demand to labor shortages to supply chain… Read more
MDH Partners Secures $69M First-Mortgage Portfolio Financing
MDH Partners recently secured $69.3 million first-mortgage financing from Truist Bank for the delayed acquisition financing of a cross-collateralized and… Read more
Program to Deploy First Transit Inter-agency Wireless Charging Network
Public buses carrying passengers in Northern California soon will be among the first electric vehicles in the state to use… Read more
Square Mile Capital Provides $127M Loan on Three-State Industrial Portfolio
New York City-based Square Mile Capital Management LLC originated a $127-million loan secured by a six-property, 1.2-million-square-foot industrial portfolio in Palm… 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
Q&A with SIOR Global President Patrick Sentner: There’s No Substitute for Collaboration
Patrick Sentner is set to take the reins as SIOR’s Global President at an interesting juncture for both the organization… Read more
Keith Cody Joins Silverstein as SVP for Commercial Leasing
Keith A. Cody has joined Silverstein as SVP of commercial leasing. Drawing on more than 25 years’ successful transactions in leasing… Read more
Arden Group Invests $38 Million in Nashville Opportunity Zone
Arden Group has announced its latest investment, a project with a current budget of $38 million. In partnership with Ridgehouse… Read more