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PHILADELPHIA—Liberty Property Trust and partner Synterra Partners are set to turn the first dirt on their latest project at the Navy Yard Commerce Center here on Friday.
SHORT HILLS, NJ—Investors Bank's Commercial Real Estate Lending Group reports it has seen a continued robust pace of commercial mortgage financing deals during the first quarter of this year and sees more of the same for at least the next three months.
TYSONS, VA—The Garrett Cos. has acquired the Kip Killmon's Tysons Ford property at 8201 Leesburg Pike here for $26.5 million. The 204,000-square-foot parcel will be part of a mixed-use development the Stafford County-based developer plans to build.
NEW YORK CITY—The Port Authority Board of Commissioners decided today to put off the controversial vote on a financing deal valued at more than $1 billion on the construction of the 3 World Trade Center building until its next meeting in May.
CELEBRATION, FL-CBRE reports it has arranged the first lease at the Celebration IV office building at 215 Celebration Place here since TerraCap acquired the property last month.
PHILADELPHIA—The Center City District, viewed by many as the economic engine that drives the city, is having some issues in terms of its office space and employment in key job creating sectors.
ATLANTIC CITY, NJ—The New Jersey office of AuctionAdvisors together with AJ Wilner Auctions report they will stage a bankruptcy auction of 48 mostly contiguous lots on the oceanfront and South Inlet in Atlantic City on May 21.