Philadelphia
Next Generation: Inna Gallagher, Rubicon Realty Group-Missouri City (Houston)
In 2004, 19-year-old Inna Gallagher came to the United States from Belarus with $500 in her pocket. What a difference… Read more
Hunt Companies to Acquire Minority Interest in Northeast Firm
Hunt Companies Inc., headquartered in El Paso, will acquire a minority interest in Pennrose Properties LLC, a multifamily property developer… Read more
Philly’s Callowhill Center Acquired
Arts & Crafts Holdings acquired 421 North 7th Street in Philadelphia from Callowhill Center Associates, LP for $20.1-million. The two-building,… Read moreFlood of New Apartments Hits Philadelphia
Apartment rents are still rising in Philadelphia and there are still relatively few vacant apartments, despite a flood of new… Read more
Record $328M Philly Office Sale Completed
Centre Square, a two-building, 1.8-million-square-foot, multi-tenant office complex in Philadelphia traded hands for $328 million. Chicago-based Equity Commonwealth sold the… Read more
Digital Agency Claims IDEA1’s Office Space
Seer Interactive is taking the only office space available at IDEA1, a new mixed-use Class A project currently under construction… Read more
Pennsylvania Investor Acquires Riverside Development Site
Philadelphia-based Exeter Property Group acquired a 54.4-acre land site in Riverside, CA from an affiliate of Denver-based Amstar for $12.5… Read more
Largest Americas Polypropylene Production Coming to La Porte
Thermoplastics resins producer Braskem announced it would proceed with the largest polypropylene production (PP) line in the Americas. Philadelphia-headquartered Braskem… Read more
HFF Arranges $65M Equity, Debt for Philly MF Development
Early Bird Alert: Connect Apartments is planned September 28th in Los Angeles. Here’s where to get more information and register. HFF… Read more
JLL Reports Industrial Market “On Fire”
Connect Industrial is heading to Chicago, June 28th. Here’s where to get more details and register. Healthy consumer spending and buoyant e-commerce… Read more
TruAmerica, Investcorp JV Acquires Orlando MF Portfolio for $98M
Los Angeles-based TruAmerica and joint-venture partner Investcorp acquired a 708-unit, two-property apartment portfolio in Orlando, FL for $98 million. The… Read more
Five Below’s Aggressive CA Expansion Plan
Bargain retailer Five Below is running counter to the recent contraction and closings being experienced across the retail sector. Led… Read more
Charlotte’s Rotunda Building Trades for $42M
HFF arranged $42.4 million in acquisition and improvement financing for the Rotunda Building, a 230,790-square-foot office building in Charlotte, NC’s… Read more
SGA Names New Partners
Architecture firm SGA has named five new partners to help the firm grow and complete its latest set of new… Read more
$103M Financing Secured for Philly Redevelopment
Post Brothers, headed by Michael and Matthew Pestronk, secured $102.8 million in first-mortgage financing to redevelop 260 S. Broad St.… Read more
Accolade Expands in Pennsylvania — Again
Healthcare concierge company Accolade is planning to grow its headquarters in Plymouth Meeting, PA, marking the fifth time the company… Read more
Philly to Invest $90M in Waterfront Park
The city of Philadelphia will commit $90 million to build a new waterfront park at Penn’s Landing. The 11-acre park… Read more
As Preschoolers Grow, So Does Education
The childcare franchising industry brings in an average of $2.6 billion in annual revenue. Georgia-based Primrose Schools, an organization of… Read more
Philly Multifamily: Improving Vacancies and Rent Growth
The Philadelphia multifamily market was marked by declines in overall vacancy rates, an increase in asking rents and record-setting construction… Read more