Pennsylvania
MidCentral Energy Partners to Add Second Facility to Midland Location
Oklahoma City-based energy services company MidCentral Energy Partners LLC is rapidly expanding its footprint which includes locations in Pennsylvania, San… Read more
The Watson Obtains $29.6M Acquisition Loan
A $29.6 million Freddie Mac Optigo acquisition loan was recently provided for a 247-unit multifamily property in Grand Prairie, TX.… Read more
As Port Traffic Ramps Up, So Does Warehouse Development
Increasing amounts of containerized cargo are flowing through the country’s major maritime port complexes, in turn driving demand for warehouse… Read more
Pearl Properties Seeks to Divest Stake in Wacker Drive Offices
A venture of Philadelphia-based Pearl Properties is seeking nearly $21.5 million for its stake in 55 W. Wacker Dr., the… Read more
Exeter Goes Beyond the Typical Submarket for Industrial Buy
In investors’ search for often-elusive industrial properties, some have turned to lesser-known submarkets for opportunities. Such was the case for… Read more
Teva’s U.S. Headquarters Changes Hands in Parsippany
CBRE’s Jeff Dunne, Jeremy Neuer, Steve Bardsley, Gene Pride, David Gavin, Travis Langer and Zach McHale advised P3 Properties, Image… Read more
Freight Bottlenecks Cost U.S. Economy $42B in 2019
Freight bottlenecks cost the U.S. economy more than $42 billion in 2019, a hidden tax on the American people that… Read more
7-Eleven Signs Agreements with Three Separate Buyers
7-Eleven Inc. has signed definitive agreements to sell 293 Speedway and 7-Eleven stores to three separate buyers. This follows the… Read more
Moonwater and Apex Acquire Montecito Tower in Vegas
Moonwater Capital and Apex Financial Advisors recently received $33.3 million in permanent debt as part of the acquisition and recapitalization… Read more
Buyers Looking Up to Townhomes
An increasing number of cities are considering dropping single-family zoning preferences to encourage more housing. In Northern California alone, San… Read more
East Coast Warehouse Inks 500K-SF Industrial Lease in Savannah
Temperature-controlled logistics services provider East Coast Warehouse has signed a 499,200-square-foot industrial lease in Savannah at 521 Morgan Lakes Blvd.… Read more
Seagis Adds Second Industrial Property in the Bronx
Seagis Property Group recently acquired a 14,000-square-foot industrial building with an adjoining 14,000 square foot parking lot in the Zerega… Read more
For Surplus Malls, Adaptive Reuse is the Future
The recent news that Prologis paid $117 million to acquire the nearly vacant, 78-acre Hilltop Mall in Richmond, CA points… Read more
750K-SF Spec Build is Fully Leased in Northeast PA
Logistics Property Company (LPC) has fully leased I-80-380 Logistics Center, a speculative distribution facility totaling 749,736 square feet in Mt. Pocono,… Read more
Bicycling Accident Claims Architect Helmut Jahn, 81
World-renowned architect Helmut Jahn, who made his mark both in Chicago and globally, was killed in a bicycling accident Saturday… Read more
Northeast Industrial Corridor Enters 2021 Like Gangbusters
The Northeast industrial corridor, comprised of New York City, North and Central New Jersey, Eastern Pennsylvania and Greater Boston, started… Read more
Newmark Tapped to Lease Two-Tower 1500 Market St. in Downtown Philly
Newmark Real Estate has been awarded the leasing assignment for 1500 Market St., a two-tower, 1.87-million-square-foot office complex in downtown… Read more
California Population Increases But Less Than National Pace
The U.S. Census Bureau announced the U.S. population (308.7 million) and the statewide breakdown this week. While the state population… Read more
COTE Top 10 Awards Recognize Designs That Advance Climate Action
The American Institute of Architects (AIA) Committee on the Environment (COTE) is awarding 10 design projects with its highest honor,… Read more