Pennsylvania
WPC Adds Triple-Net ConAgra Warehouse for $114M
JLL Capital Markets closed the $114-million sale of ConAgra Distribution Center, a 1.5-million-square-foot, Class A bulk regional distribution center triple net leased… Read more
Jet.com Founder Marc Lore Wants to Build Sustainable City of 5 Million
Billionaire jet.com founder Marc Lore has unveiled plans for Telosa, a sustainable metropolis that would be built from scratch. Designed by world-renowned Danish… Read more
Imperium Capital Acquires Four-Acre Parking Facility Near Port of Savannah
New York-based Imperium Capital has acquired a secured truck and trailer parking facility in Savannah. The four-acre property was purchased… Read more
Watson Land Co. Acquires Two Philly-Area Spec Warehouses
CRG, the real estate development and investment arm of Chicago-based Clayco, has sold two speculative industrial facilities in East Greenwich, NJ, for $107.74… Read more
Seagis Adds Pompano Warehouse to South Florida Holdings
Seagis Property Group has acquired a 12,300-square-foot distribution facility located at 280 NW 12th Ave. in Pompano Beach, within Broward County. Seller and pricing weren’t… Read more
Shamah Properties Adds Luxury Complex in Princeton
Shamah Properties acquired Copperwood Apartments in Princeton NJ, for $70.35 million. The seller wasn’t identified. The 153-unit luxury complex at 300 Bunn Dr. is located near downtown Princeton and Route 1. It was built in 2015. “Shamah Properties… Read more
Detroit’s Redeveloped Book Tower Will Feature ROOST Apartment Hotel
Bedrock, Detroit’s largest real estate developer, will make the Book Tower home to ROOST Apartment Hotel, Detroit’s first high design… Read more
Life Science Sector Expands Far Beyond the Established Clusters
When it comes to life sciences real estate, the biggest keep getting bigger. That’s to say that the leading developers… 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
AVE Austin is First of Many for Korman Communities
Korman Communities, in partnership with Verde Capital, recently completed the purchase of its first property in Austin. The new 226-unit… 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
Meridian Arranges Refi on Net-Leased Portfolio of Medical Office, Retail Assets
Meridian Capital Group arranged $35.5 million to refinance the Hirschfield Portfolio containing 18 separate commercial properties in California, Colorado, Florida,… Read more
New Index Has Sunbelt Markets Shining Brightest for Opportunities
Just as the pandemic and resulting economic downturn had varying effects on commercial real estate fundamentals across the nation’s major… 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
OnePoint Expands Services to Four Cities and Hawaii
OnePoint Patient Care is bringing its high-touch local hospice pharmacy services to Salt Lake City, San Antonio, Nashville, Pittsburgh and… Read more
Newmark Places $565M Loan for Nine-City InterPark Portfolio
Newmark, on behalf of InterPark Holdings, has placed a $565–million, five-year loan secured by a portfolio of 26 cross-collateralized parking facilities… Read more
Hill Management Taps Ashley Zito as Senior Leasing Manager in Baltimore
Real estate development, investment and management company Hill Management Services has promoted Ashley Zito to senior leasing manager in the… 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