Pennsylvania
E-commerce Logistics Provider Takes Entire San Bernardino Facility
Wayne, PA-based Liberty Property Trust signed a long-term lease with Lean Supply Solutions at its recently-acquired 520 Orange Show Rd.… Read more
Gayle Blakeley Farris Joins Transwestern in Life Sciences & Healthcare Role
Transwestern Development Co. (TDC) expanded its leadership team with the addition of Gayle Blakeley Farris, who joins as Regional Partner,… Read more
Liberty Lands South Bay ‘Heavyweight Corridor’ Facility, Land
Wayne, PA-based Liberty Property Trust acquired a 203,280-square-foot building at 1245 Watson Center Dr., and an adjacent 2.3-acre parcel at… Read more
CBRE’s Patrick Sentner Shares Ways SIOR Helps Members Stay a Step Ahead of Competition
By Patrick J. Sentner, SIOR 2019 Global Vice President Q: How is the office market changing across the country? What… Read more
Apartment Turnover Rate Continues to Fall; Lowest in Two Decades
New research by Los Angeles-based CBRE shows multifamily turnover, the percentage of total rented units not renewed each year, fell… Read more
CommonGrounds Comes to Philly with 1700 Market Lease
Flexible workspace provider CommonGrounds Workplace is expanding to Philadelphia, signing a long-term lease for 62,461 square feet at 1700 Market… Read more
Retailer GNC to Shutter up to 900 Stores
Pittsburgh-based health and wellness retailer GNC has announced plans to close as many as 900 stores. The plans were revealed… Read more
Pantzer Grows Philly Holdings with Toll Brothers Project
Pantzer Properties has acquired Toll Brothers’ recently developed Riverworks apartment complex in Phoenixville, PA for $77.8 million, the Philadelphia Business… Read more
MPT Completes Sale-Leaseback on KC-Area Hospitals
As part of a $1.75-billion wave of acquisitions, Medical Properties Trust has acquired seven Kansas City-area community hospitals from St.… Read more
Regus to Launch Franchising Program
Workspace provider Regus, headquartered in the Dallas suburb of Addison, TX, launched its new U.S. franchising program. The company is… Read more
Prologis Takes Industrial Property Trust Portfolio for $4B
Prologis says it will acquire Black Creek Group’s Industrial Property Trust (IPT) platform for $3.99 billion in cash. The deal,… Read more
Pairing Opportunity Zones with Other Incentives
by Amy Wolff Sorter In 2002, the United States Air Force shuttered the Brooks Air Force Base in the southern… Read more
Center City MOB Achieves Record Pricing for Philly Offices
Liberty Property Trust has sold 800 Walnut St., a 153,242-square-foot medical office building it developed in 2013, for $99.25 million.… Read more
KBS REIT III in $1.2B Office Sale to Newly-Formed Singapore REIT
(This article has been updated with new information.) KBS Real Estate Investment Trust III has agreed to sell an 11-property… Read more
$125M Fannie Mae Financing Goes to Apts. in PA, KY
Greystone has provided $125,200,000 in Fannie Mae financing as part of a recapitalization effort for a $163,500,000 portfolio of multifamily… Read more
Connect Apartments 2019: Healthy Outlook for the Multifamily Sector
By Ben Johnson Connect Apartments 2019 kicked off with a bang last week, as Michael Cohen, vice president advisory services… Read more
Medical Center in Charlotte Trades for $13M
Net lease brokerage firm Stan Johnson Company arranged the $13.6 million sale of a single-tenant medical center in Charlotte. Located… Read more
4M-SF Linden Logistics Center Breaks Ground
A joint venture of Advance Realty Investors, Greek Development and PGIM Real Estate has broken ground on Linden Logistics Center, a 4.1-million-square-foot logistics park in Linden, NJ.… Read more
Jacksonville MF Community Trades for $55M
American Landmark Apartments and RSE Capital Partners acquired Eastport Apartments, a 440-unit multifamily community in Jacksonville as part of a… Read more