Pennsylvania
Veritiv Leases Escondido’s Largest Industrial Building
Pennsylvania-based Exeter Property Group and La Jolla, CA-based Badiee Development signed Veritiv as the single tenant for the Exeter Industrial… Read more
Cardone Industries Breaks Ground on 920K-SF Distribution Center
Construction is underway on a 920,000-square-foot distribution center belonging to Cardone Industries Inc. The $50 million project is going north… Read more
Morgan Completes $277M NE MF Portfolio Purchase
King of Prussia, PA-based Morgan Properties acquired a four-property multifamily portfolio consisting of 2,729 units located in the suburban Maryland-DC… Read more
MRP, Hillwood Break Ground on 2M-SF PA Industrial Park
Baltimore-based MRP Industrial, in a joint venture with Hillwood, acquired and commenced construction on Hamburg Logistics Park in Hamburg, PA.… Read more
First Phase of $3.5B Schuylkill Yards Project Begins
Brandywine Realty Trust and Drexel University broke ground on the first phase of the mixed-used, master-planned Schuylkill Yards Innovation Community… Read more
Dubious Honor of “Least Affordable” Goes to LA
San Francisco, which has been the nation’s least affordable housing market for nearly five years, was supplanted by Los Angeles… Read more
Brandywine Realty Trust Sells 1M-SF for $333M
Brandywine Realty Trust sold a portfolio of five Austin-area properties, collecting $333.3 million for its efforts. The buyer was not… Read more
REIT Sells 404-Key Hotel for $104M
Ashford Hospitality Prime Inc. ended its 10-year hold on the 404-room Marriott Plano Legacy Town Center hotel in Plano, TX,… Read more
Bridge Buys 243K-SF Office from Arden Group
Bridge Office Fund Manager LLC, an affiliate of Bridge Investment Group LLC, acquired the 243,109-square-foot Tower 1320, a 10-story, Class… Read more
NFL Draft Coming to AT&T Stadium
The National Football League (NFL) draft is headed to the Dallas-Fort Worth area. Specifically, the 2018 draft will take place… Read more
Go West, Mighty Brains
Boulder, Fort Collins and Denver, CO share something in common, other than statehood. All three are in the top 10… Read more
Equus Divests 22-Property MF Portfolio for $467M
Equus Capital Partners, Ltd. divested a 22-property, multi-housing portfolio located in eastern Pennsylvania for $467 million. The properties sold in… Read more
JLL Secures $173M Loan for Philly’s The Curtis
JLL Capital Markets’ secured a $173.25-million loan on behalf of Conshohocken, PA-based Keystone Property Group to refinance The Curtis, a… Read more
Seattle Leads Global Prime Logistics Rents
Five of the 10 markets with the biggest industrial prime-rent gains of the past year are in the U.S., led… Read more
$53M Financing for Allentown MOB
HFF secured $53 million in first mortgage financing for Integrated Health Campus, a two-building 301,000-square-foot medical office building in Allentown,… Read more
Mayors Beg for Amazon’s Attention
Cities and towns across America seem willing to do almost anything to lure Amazon. They hope to become home to… Read more
25 Historic Main Street Districts Vie for $2M Grants
Which of America’s historic main street districts do Americans feel are the most worthy of preservation support? The answer will be… Read more
Morgan Properties’ $516M MF Portfolio Refi
King of Prussia, PA-based Morgan Properties is refinancing a 14-property multifamily portfolio for roughly $516 million. The financing is being… Read more
