Pennsylvania
Broadstone Bags 18-Building Elliott Bay MOB Portfolio
Rochester, NY-based Broadstone Net Lease bought the Elliott Bay National Medical Office Portfolio, an 18-building portfolio of outpatient facilities leased… Read more
Convention Center Size Could Stymie Tax Rebates
The city of El Paso, TX announced it would be putting together a multimillion-dollar incentive package to encourage development of… Read more
Transwestern Development Expands Northeast Logistics Platform
Transwestern Development Co. has expanded its national logistics group, naming industry veteran Brian Banaszynski as regional partner to facilitate the firm’s… Read more
Liberty Property Trust Plans Pair of SoCal Industrial Facilities
Wayne, PA-based Liberty Property Trust expanded its SoCal footprint, breaking ground on two new industrial buildings in Ontario and Rialto… Read more
CushWake Arranges Sale, Immediate Lease-up of NJ Industrial
Cushman & Wakefield represented Lefcourt Associates in the sale of 19 Crows Mill Road in Keasbey, NJ to Liberty Property… Read more
STAG Industrial Unloads Final San Antonio Property
STAG Industrial of Boston, MA exited San Antonio with the sale of a 247,861-square-foot warehouse in Cornerstone Business Park, on… Read more
10 Former Bon-Ton Stores Go Up for Auction
A&G Realty Partners will auction 10 department store properties formerly owned by The Bon-Ton Stores on Jan. 28 in New… Read more
Opportunity Zone Impact Expected to be Localized
Part two of a three-part series By Dave Sorter Opportunity Zones may be the hot topic of discussion in the… Read more
Equus Capital Acquires Lincoln Legacy One, Repositioning Underway
Equus Capital Partners Ltd. now owns the 207,834-square-foot Lincoln Legacy One office building in Plano, TX. The Pennsylvania buyer shook… Read more
The Billion Dollar Club: 2018’s Most Expensive Healthcare Development Projects
In 2018, 12 hospitals and health systems announced or unveiled facility expansions and renovations with price tags of $1 billion… Read more
Weaker Housing Market Drives Growth in Apartment Sector
A weaker national housing market continued to benefit the apartment market, according to research by Reis. The apartment vacancy rate was… Read more
Pebblebrook Divests San Francisco Hotel for $315M
Bethesda, MD-based Pebblebrook Hotel Trust sold the 681-room Park Central San Francisco hotel to Highgate Hotels LP. for $315.2 million.… Read more
Apple Plans $1B New Campus in Austin, Adding Jobs Across the U.S.
Apple revealed plans for a $1-billion campus on a 133-acre site in North Austin, TX. The Cupertino, CA-based company also… Read more
Money360 Surpasses $1B in CRE Loans
Ladera Ranch, CA-based Money360 surpassed $1 billion in loans originated and closed since inception in 2014. The achievement comes just… Read more
Bellwether Closes $121M in Loans for Industrial Portfolio, Retail Property
Bellwether Enterprise Real Estate Capital LLC closed $121 million in loans for two deals. One involved a multi-state industrial portfolio with… Read more
Repositioning Pays Off for PREIT in Holiday Traffic
Although not the only shopping center REIT to experience an uptick in holiday traffic over 2017 levels, PREIT may be… Read more
Arch Street Claims 570K-SF Suburban Philly Assets for $173M
Arch Street Capital Advisors, LLC acquired a fully-leased, 568,658-square-foot office portfolio located in the greater Philadelphia MSA, on behalf of… Read more
Last-Mile Logistics Means Getting Creative
In both supply-chain management and industrial real estate circles, there’s been a great deal of attention paid to the importance… Read more
Longfellow Expands to West Coast with $112M San Diego Acquisition
Boston-based Longfellow Real Estate Partners acquired the Inspire campus in San Diego from Parallel Capital Partners for $112 million. The… Read more