Monday, March 30, 2015
Last Updated: March 30, 2015 01:26am ET

Philadelphia

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  • First Residents Move in At Madison Providence
  • COLLEGEVILLE, PA–Madison Apartment Group, the multifamily operating arm of Equus Capital Partners, welcomed the first residents last week at its Madison Providence community, a 240 unit class A apartment community in Collegeville, PA. FULL STORY

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  • Madison Providence Welcomes First Residents in Collegeville, PA
  • COLLEGEVILLE, PA–Madison Apartment Group, the multifamily operating arm of Equus Capital Partners, welcomed the first residents last week at its Madison Providence community, a 240 unit class A apartment community in Collegeville, PA. FULL STORY

  • Ridgeline Developing Logistics Center in York, PA
  • YORK, PA–Responding to the shortage of class A bulk warehouse space in the surging Central Pennsylvania industrial market, Ridgeline Property Group and Cabot Properties will develop a 423,300-square-foot industrial speculative building on a 51-acre site in York, PA, near Interstate 83. FULL STORY

  • Mack-Cali, Roseland, Parkway Partner on 709 Chestnut Project
  • PHILADELPHIA, PA–Mack-Cali and its Roseland subsidiary have formed a joint venture with Parkway Corporation to develop a luxury multi-family community at 709 Chestnut Street in Philadelphia. The development, currently in the planning and permitting stages, is slated to commence construction by the end of 2015. FULL STORY

  • Kennedy Closes $3.5M Loan for Bucks Medical Campus
  • BENSALEM, PA—Kennedy Funding Financial LLC has completed a $3.5 million loan for Lifestyle Real Estate I, an affiliate of Lifestyle Healthcare Group, which has received approval from the township for a $185 million medical office campus to be built on a 10.31-acre tract of vacant land in Bensalem Twp., Bucks County, PA. The two-year, interest-only loan has an initial interest rate of 12%. The healthcare company's chairman, Fred Rappaport, says the integrated medical center is part of a trend to provide one-stop medical shopping for outpatient care. FULL STORY

  • Boston-Based REIT Buys South Jersey Industrial
  • MARLTON, NJ—NAI Mertz has completed the sale of a 156,280-square-foot multi-tenant, light industrial building located at 4 East Stow Road in Marlton, NJ, to Plymouth Industrial REIT, a Boston-based real estate investment corporation. The building is 97 percent leased. FULL STORY

  • Capital Logistics Center Opens in Central PA
  • MIDDLETOWN, PA–Woodmont Industrial Partners is celebrating the grand opening of 200 Capital Lane, a 400,000-square-foot LEED certified warehouse facility that is the newest addition to Capital Logistics Center. The industrial park is a six-building, 1.55-million-square-foot industrial complex that is situated on more than 100 acres in Middletown, PA. FULL STORY

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