Pennsylvania
PNC Bank Targets New Braunfels for Operations Site
Following an 18-month, multi-state search, PNC Bank selected New Braunfels, TX as the site of its new operations center. The… Read more
Meridian Arranges CMBS on York, PA Shopping Center
Meridian Capital Group, together with an affiliate of CBRE, arranged $9.8 million in acquisition financing for Two Guys Commons, an… Read more
PREIT/Macerich JV Unveils Philly’s Fashion District
A joint venture partnership between PREIT and Macerich will launch Fashion District Philadelphia, a redevelopment of the former Gallery Mall… Read more
National Opportunity Zones Academy Launches in Five Cities
The Rockefeller Foundation and Smart Growth America (SGA) joined forces to launch the National Opportunity Zones Academy. The academy, which… Read more
Uber Targets Dallas for Data Collection, Possible Self-Driving Vehicles
Uber Advanced Technologies Group announced it would begin collecting data on Dallas’ road network, specifically targeting downtown Dallas. The ultimate… Read more
Escape from L.A. & N.Y.: Renters Seek Lower Prices
Rising rents are leading people considering a relocation to a different metro area to increasingly search for homes and apartments… Read more
California Posts Country’s Biggest Q2 Credit Card Debt Increase
U.S. consumers racked up $35.6 billion in credit card debt during Q2 2019, an all-time record for the second quarter… Read more
Seagis Adds to Outer Borough Industrial Holdings
Seagis Property Group made two industrial acquisitions totaling 101,340 square feet in Brooklyn and Queens. Pricing wasn’t disclosed. The larger… Read more
Greystar Hires Clarkson as Managing Director of Development
Charleston, SC-based real estate company Greystar has hired John Clarkson as Managing Director of Development. Clarkson will be responsible for… Read more
365 Adds NJ Data Center to Portfolio
365 Data Centers, based in Norwalk, CT, added an 11th data center to its portfolio with the acquisition of NYI-NJ in Bridgewater,… Read more
Blink Muscles into Chicago with South Side Presence
Blink Fitness has made its Chicago-area debut with openings near Midway Airport on the South Side and in suburban Merrionette… Read more
Master Lease Figures in Philly Development Opportunity
Rittenhouse Realty Advisors is marketing a development opportunity under a master lease at 1620 Sansom St. in Philadelphia’s Rittenhouse Square… Read more
Report: O-Zone Housing Prices Lower than National Median
A report recently released by ATTOM Data Solutions revealed what could probably be considered unsurprising news. Namely, in its analysis… Read more
RAIT Financial Seeks Ch. 11 Protection
Philadelphia-based RAIT Financial Trust has filed for Chapter 11 protection at U.S. Bankruptcy Court in Delaware. The mortgage REIT has… Read more
Urban Air Slates Third Metro Pittsburgh Location
Dallas-based Urban Air says it will open a 61,539-square-foot indoor trampoline/recreation and entertainment center in the Westmoreland County community of… Read more
Rubenstein Acquires One of Philly Region’s Largest Office Parks
Rubenstein Partners closed on its acquisition of Chesterbrook Corporate Center, a 1.1- million-square-foot, 14-building Class A office park in the… Read more
GlenStar, Rubenstein Launch Phase Two of Continental Towers Makeover
Locally-based GlenStar and Philadephia-based Rubenstein Partners unveiled plans for a $15-million capital improvement campaign at Continental Towers, a 910,796-square-foot office… Read more
GIANT Supermarket Will Occupy Two Levels at Luxury Philly MXU
Supermarket chain GIANT Food Stores will occupy 65,160 square feet across two floors at PMC Property Group’s River Walk along… Read more
CushWake Arranges Refi for Luxury Philly Apartments
Cushman & Wakefield advised Ivy Realty and DW Partners in obtaining a $27.5-million refinance on 1600 Callowhill St., a newly-built rental… Read more