Pennsylvania
Convene Shutters All Locations Through March 31
Flexible-office and meeting-space provider Convene has temporarily closed all locations across Manhattan and five other cities in response to the… Read more
Savills Finalizes Deal for Project Management Firm
Savills has completed its acquisition of Macro Consultants LLC, a project management firm with offices in Midtown Manhattan, Los Angeles, Denver, Philadelphia and… Read more
Modell’s Sporting Goods to Close All Stores, Including Seven in D.C.
Modell’s Sporting Goods, which operates 153 stores between New York, Philadelphia and the D.C. metro areas, has announced plans to… Read more
Englewood Renovates Cannabis Dispensary Near Medical District
Englewood Construction launched work on the renovation of a cannabis dispensary facility in Chicago for Custom Strains. Additionally, the commercial… Read more
Distribution Management Continues Expansion, Inks 191K-SF Deal
Distribution Management Inc. (DMI) continued its expansion, signing for 191,360 square feet of space at Exeter Bucker in East Dallas.… Read more
Rubenstein, SCP Sign New Tenants at Cincy Offices
Philadelphia-based Rubenstein Partners and Indianapolis-headquartered Strategic Capital Partners (SCP) closed two new leases at 312 Plum St. in downtown Cincinnati. The leases… Read more
SRS Arranges Deal for PA Dollar General Portfolio
SRS Real Estate Partners’ National Net Lease Group arranged the $36-million portfolio sale of 26 single-tenant retail properties occupied by Dollar… Read more
Xenia Set for Sale of 7 Hotels for $483M
Florida’s Xenia Hotels & Resorts is selling a seven-hotel portfolio for $483 million to an undisclosed buyer. The portfolio totals… Read more
GSVLabs Will Establish Innovation Hub at Pittsburgh Redevelopment
Global Silicon Valley Labs, also known as GSVlabs, recently signed a long-term lease to locate in the Hazelwood Green redevelopment… Read more
Halpern Real Estate Ventures Closes Inaugural Commingled O-Zone Platform
Halpern Real Estate Ventures (HREV) achieved its $50 million target in its inaugural Opportunity Zone Platform. The funds, which were… Read more
NYC’s Evolving Superregional Industrial Market
The term “megalopolis” has been around for more than a century. In 2020, someone may need to coin a comparable… Read more
Caddis Launches Second Philly-Area Senior Living Community
Dallas-based healthcare real estate developer Caddis is continuing its nationwide expansion by launching its second Heartis senior living community in Pennsylvania.… Read more
Hersha Offloads Hotels in Boston, NYC, Miami
Hersha Hospitality Trust has entered into binding sales contracts for two consolidated hotels and two unconsolidated joint venture assets for… Read more
Clarivate Analytics Inks 30K-SF Lease at Chandler Viridian
Clarivate Analytics Plc, a data and analytics company headquartered in Philadelphia and London, is setting up shop in the Phoenix… Read more
Ferrero USA Nears Completion on 644K-SF Goodyear Distribution Center
Ferrero USA will soon complete a new distribution center in Goodyear, AZ. The 643,798-square-foot center at 2600 Cotton Lane is… Read more
Halpern Closes on O-Zone Development Platform
New York City-based Halpern Real Estate Ventures (HREV) closed on its inaugural Opportunity Zone Platform after achieving its target of… Read more
ILPT Forms JV on 12-Property Industrial Portfolio
Industrial Logistics Property Trust (ILPT) formed a $680-million joint venture with an Asian institutional investor for a 9.2-million-square-foot portfolio of… Read more
Mindspace Opts for Wanamaker Building as First Philadelphia Site
Mindspace, the global co-working and flex space provider, today announced a new management agreement with an affiliate of Rubenstein Partners, L.P. to… Read more
CBRE Brokers Sale of Philly-Area Industrial
CBRE arranged for the sale of a 172,071-square-foot industrial facility at 1515 Garnet Mine Rd., in Garnet Valley, PA, 25… Read more