Philadelphia
Golden Gate Capital Acquires Mt. Laurel Portfolio
CBRE arranged the sale of the six-building Greentree North Corporate Center and 1001 Briggs Rd. in Cambridge Crossing, totaling 244,000… Read more
Independence Blue Cross Acquires Philly HQ for $360M
CBRE arranged the sale of 1901 Market St., the headquarters of Independence Blue Cross in Center City Philadelphia. Independence acquired… Read more
Hilco Acquires 1,300-Acre Refinery Site in Philadelphia
Hilco Redevelopment Partners (HRP) completed its $225.5-million purchase of the 1,300-acre former Philadelphia Energy Solutions (PES) refinery in Southwest Philadelphia.… Read more
OTP Eyes 2023 Delivery on Philly Office Tower
Oliver Tyrone Pulver Corporation (OTP) will develop a new office tower at 1301 Market Street, adjacent to City Hall in Philadelphia.… Read more
Scout Capital Adds South Jersey Cold Storage Hub
Florida-based Scout Capital Partners has engaged Colliers International’s Food Advisory Services team to spearhead leasing at Scout Cold Logistics Center… Read more
CBRE Global Investors Snags 550K-SF Cold Storage Facility in Maryland
A fund sponsored by CBRE Global Investors has acquired the Principio Commerce Center II, a 550,050-square-foot cold storage and distribution… Read more
Avison Team Arranges Midtown Space for Cozen O’Connor
Avison Young arranged a 10-year, 7,100-square-foot lease at SL Green Realty Corp.’s 100 Park Ave. for Cozen O’Connor. The law… Read more
Berkadia Lines Up $661M in Freddie Mac Debt on 4-State Portfolio
Berkadia recently closed on a $661-million financing for a 22-property, 4,670-unit apartment portfolio on behalf of Pennsylvania-based Morgan Properties. TJ Piper… Read more
Brennan Adds 380K-SF Lehigh Valley Portfolio
Chicago-based Brennan Investment Group has announced the acquisition of a three-building industrial portfolio, totaling 380,274 square feet in Pennsylvania’s Lehigh Valley, for… Read more
Philly-Based Becker Will Lead Seniors Production for OREC
ORIX Real Estate Capital (OREC), the combined company of Lancaster Pollard, RED Capital Group and Hunt Real Estate Capital, appointed… Read more
Co-working Provider MakeOffices Names New CEO
Jeffrey V. Langdon has been named CEO of Arlington, VA-based MakeOffices, succeeding Zach Wade. He will continue the evolution of… Read more
Gebroe-Hammer Tallies $316M in Q1 MF Sales
Multifamily brokerage Gebroe-Hammer Associates, based in Livingston, NJ, tallied $316.4 million in sales during the first quarter. The firm arranged… Read more
Walker & Dunlop Brings in Gustafson to Lead Apprise in Northeast
Walker & Dunlop, Inc. has expanded its multifamily appraisal business, Apprise, with the addition of managing director Corey Gustafson. Based in Boston, Gustafson… Read more
Atlanta’s Lindbergh City Center MXU Set for Transformation
Philadelphia-based Rubenstein Partners, and investment partner Monarch Alternative Capital LP, plan to renovate the 47-acre Lindbergh City Center, a transit-oriented… Read more
Coworking Company Convene Closes Boston Location Amid COVID-19 Outbreak
Coworking company Convene has closed its location in downtown Boston in response to the ongoing outbreak of COVID-19. The New… Read more
NKF Arranges $163M Debt for Arden’s Industrial Portfolio
NKF arranged a $163-million floating-rate loan for the Arden Group’s acquisition and recapitalization of a 12-asset industrial portfolio located in… Read more
Convene Shutters All Locations Through March 31
Flexible-office and meeting-space provider Convene has temporarily closed all locations across Manhattan and five other cities in response to the… Read more
Savills Finalizes Deal for Project Management Firm
Savills has completed its acquisition of Macro Consultants LLC, a project management firm with offices in Midtown Manhattan, Los Angeles, Denver, Philadelphia and… Read more
Modell’s Sporting Goods to Close All Stores, Including Seven in D.C.
Modell’s Sporting Goods, which operates 153 stores between New York, Philadelphia and the D.C. metro areas, has announced plans to… Read more