Pennsylvania
CBRE Makes Key Hire for Lab Asset Management Platform
Katie Winter has joined CBRE as global sales & client solutions leader for Integrated Lab Solutions (iLS), a fast-growing segment of CBRE’s… Read more
Prime Redevelopment Site Trades in Center City Philly
Rittenhouse Realty Advisors closed the $24.5-million sale of a prime redevelopment site located in the Rittenhouse Square neighborhood in Philadelphia.… Read more
Logistics Rent Growth Powers Through the Pandemic
Pandemic uncertainty led to negative rent growth in most global logistics markets during the second quarter of 2020, Prologis reported.… Read more
Exeter Property Group Trades to Swedish PE Firm for $1.9B
Swedish private equity firm EQT has agreed to acquire Exeter Property Group for approximately US$1.9 billion. The combination with Conshohocken,… Read more
MedProperties Acquires Fargo Rehab Facility
MedProperties Fund III has acquired the 42-bed, 57,000-square-foot PAM Inpatient Rehab Facility in Fargo, ND for an undisclosed sum. The fund is… Read more
Republic Properties Taps Alisa Brem Rosenberg as Managing Director
Republic Properties has hired Alisa Brem Rosenberg as its new Managing Director of Development. Rosenberg will be responsible for executing… Read more
W. P. Carey Wraps 2020 with Four Net Lease Deals Totaling $121M
Net lease REIT W. P. Carey Inc. (WPC) said it had completed four industrial investments in December 2020 totaling approximately $121 million and covering… Read more
Toll Brothers, Harrison Street Form JV on Tempe Student Housing Development
Fort Washington, PA-based Toll Brothers, Inc. formed a JV with Chicago-based Harrison Street to develop Canvas, a 263-unit, 826-bed luxury… Read more
PREIT Plans Addition of 1,065 Apartments at NJ Mall
PREIT will proceed with its plan to transform its properties into multi-use, sustainable districts with the execution of a rezoning… Read more
CushWake Arranges SLB in Waco, Northeast PA
Cushman & Wakefield arranged a $29-million sale-leaseback on behalf of Time Manufacturing Company, a global designer, manufacturer, and distributor of… Read more
Philly-Based Buyer Picks Up Outside Storage Property
NAI Partners recently arranged a 7,765-square-foot sale on 3.86 acres for Alterra Property Group at 6916 NE Loop 410 in San Antonio.… Read more
Berkadia Webinar Drills Down into What Tax Policy May Look Like Post-Election
The question of what tax policy will look like post-inauguration hangs in the air and much still depends on the… Read more
Monmouth REIT Mulls Unsolicited Bid from Blackwells
Monmouth Real Estate Investment Corporation, based in Holmdel. NJ, said Monday it had received an unsolicited proposal from Blackwells Capital… Read more
KKR Expands Warehouse Portfolio with $835M Deal
KKR said Friday it had acquired a 9.7-million-square-foot industrial portfolio in seven major markets across the U.S. from High Street… Read more
Lawyers in Real Estate 2020: Silverstein Properties Inc.’s Jonathan Knipe
As EVP and General Counsel for Silverstein Properties, Inc. (SPI), Jonathan Knipe is the company’s chief legal officer and corporate… Read more
Lawyers in Real Estate 2020: Greenberg Traurig’s Jacqueline Greenberg Vogt
Greenberg Traurig’s Jacqueline Greenberg Vogt has more than 20 years of experience in construction law and concentrates on construction contracting… Read more
Iron Mountain Sells Industrial Portfolio for $358M
Boston-based storage and information management services firm Iron Mountain has sold a portfolio of 13 industrial facilities to Blackstone Real… Read more
Silverstein, Cantor Fitzgerald Partner on Philly Life Sciences Project
Manhattan-based Silverstein Properties and Cantor Fitzgerald are partnering with University Place Associates (UPA), a sustainable commercial development firm based in… Read more
New U.S. Jobless Claims Fall to Lowest Level Since Pandemic Started
The number of American’s filing initial claims for unemployment dropped to 709,000 in the week ending November 7th. The Labor… Read more