Pennsylvania
Insurance Companies Create Health Hubs for Seniors
Insurance companies are struggling to find ways to decrease the ballooning healthcare costs related to the aging population. Two of… Read more
Workspace Property Trust Completes $1.275B Loan from JP Morgan Chase Bank
Horsham, PA-based Workspace Property Trust closed on a $1.275-billion portfolio financing with JP Morgan Chase Bank, NA. The proceeds will be used… Read more
Easterly Adds Nearly 1.5M SF in $430M U.S. Government-Leased Portfolio Buy
Easterly Government Properties, Inc. acquired a nearly 1.5-million-square-foot portfolio of 14 properties from affiliates of an unnamed independent third party… Read more
CushWake Tapped to Lease Up 3.3M-SF South Jersey Industrial Park
Connect Industrial is coming up on July 11 in Chicago. Here’s a link for more information about the conference and… Read more
Austin in the Running for Military Futures Command Site
Austin is one of five finalist cities under consideration by the U.S. Army for its new military Futures Command site.… Read more
Single-User Facilities Loom on Investors’ Radar
Single-user industrial retains a spot high on investors’ shopping lists, Avison Young says in a new report. 2017 saw $13.2… Read more
Rent Spreads Remain Wide for Chicago’s New Industrial
Connect Industrial is coming up on July 11 in Chicago. Here’s a link for more information about the conference and… Read more
Industrial Rents Support Additional Warehouse Development
Projected rents are more than adequate in many markets, including Los Angeles, to justify additional development of warehouses and distribution… Read more
Blackstone Continues Renewed Industrial Push with Closing of PIRET Deal
Connect Industrial is coming up on July 11 in Chicago. Here’s a link for more information about the conference and… Read more
Kushner Exits Philly Following MF Asset Sale
Connect Apartments is coming up on June 26th in Los Angeles. Here’s a link to find out more about the… Read more
Lane Enterprises to Develop Manufacturing Facility
Lane Enterprises Inc., a manufacturer of corrugated metal and plastic drainage products, announced its intent to build a new manufacturing… Read more
Lehigh Valley Retail Center Trades for $55M
HFF arranged the $55.25-million sale and $50.4-million in acquisition financing for MacArthur Commons, a 371,886-square-foot, fully-leased, grocery-anchored power center in Pennsylvania’s… Read more
CBRE Report: Restaurants, Coffee Shops Increase Lead in International Retail Expansion
By Dennis Kaiser Restaurants and coffee-shop chains increased their lead as the most active retail category for international expansion. They… Read more
Liberty Divests Philly Navy Yard Asset to Korean Investors for $130M
Korea Investment Management (KIM) acquired 5 Crescent Drive, a 208,000-square-foot office building in Philadelphia’s Navy Yard submarket from Liberty Property… Read more
Caesars, VICI in $750M Two-State Casino Deal
VICI Properties Inc. is acquiring two casino assets from Caesars Entertainment Corporation in a transaction valued at $749 million. The… Read more
JV Nabs Vibra Rehabilitation Hospital
Partners Baylor Scott & White Health and Select Medical acquired Vibra Rehabilitation Hospital of Lake Travis, a 36-bed, inpatient rehabilitation… Read more
Penwood Picks Up Pennsylvania Industrial Asset
Hartford, CT-based Penwood Select Industrial Partners, VLP purchased 6345 Brackbill Boulevard in Mechanicsburg, PA for a reported $33.1 million. The… Read more
New Tax Plan May Boost U.S. Apartment Sector
The recently-enacted U.S. tax reform bill is poised to benefit the U.S. multifamily investment market, according to CBRE. Researchers looked… Read more
Meridian Arranges $150M Financing for 10-Asset Mid-Atlantic MF Portfolio
Meridian Capital Group arranged $150 million for the refinance of the Mid-Atlantic Multifamily Portfolio on behalf of AION Partners. The… Read more