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PHILADELPHIA, PA—Brandywine Realty Trust has opened Cira Green at Cira Centre South, the City's first elevated park, in the University City district of Philadelphia, PA. Cira Green, part of Brandywine's 2.7 million square foot mixed-use Cira Centre South neighborhood, is a 1.25 acre urban park, 95 feet above street level overlooking the Center City and University City skylines as well as the Schuylkill River.
HOBOKEN, NJ—NICE Systems, a global enterprise software company, has signed a new 60,000-square-foot office lease for its new US headquarters at Waterfront Corporate Center III, the third and final building within SJP Properties' mixed-use business center in Hoboken, NJ.
WEEHAWKEN, NJ—Roseland, a subsidiary of Mack-Cali Realty Corporation, will build dual branded Marriott hotels at Port Imperial, the company's flagship $3 billion mixed-use, master-planned, waterfront development.
PLAINSBORO, NJ—A joint venture between Harbor Group International and Azure Partners has acquired The Crest at Princeton Meadows, a 704-unit, garden-style apartment community in Plainsboro, NJ.
NEWARK, NJ—Francis J. Giantomasi, a real estate lawyer and member of Chiesa Shahinian & Giantomasi has been elected vice chair of Newark Beth Israel Medical Center's board of trustees. Giantomasi is one of New Jersey's top real estate and redevelopment attorneys and as a prominent leader in Newark's business community.
PHILADELPHIA, PA—Gebroe-Hammer Associates has had a good year so far in Philadelphia, with sales totaling $128 million and 1,250 units, and the market continues to be white-hot, the firm's market specialists say. Gebroe-Hammer brokered the recent sale of the Garden Court Plaza in University City to Post Brothers.
TOMS RIVER, NJ—The Kislak Company has brokered the sale of the 338-unit Jamestowne Village Apartments in Toms River, NJ to JP Management for $35.2 million. Kislak says it's the single largest sale of a multifamily property in Ocean County, NJ, in terms of price since 2011.
PHILADELPHIA—A national apartment search website is offering a remarkable series of before-after time-lapse images of commercial development in the City of Brotherly Love. We spoke exclusively with Amalia Otet, the blogger who produced the story behind the images.
PHILADELPHIA—Coworking firm Benjamin's Desk has taken 10,000 square feet of space at The Curtis, Keystone Property Group's newly repositioned 900,000-square-foot office, apartment and retail property at 601 Walnut Street in Philadelphia.
MENDHAM, NJ—Natixis Real Estate Capital likes to shop at King's, apparently. The financial firm provided a $36.65 million, 10-year term fixed-rate CMBS financing to a venture led by Thomas Maoli to refinance two Northern New Jersey shopping centers anchored by stores of the grocery chain.
From Placer.ai
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Download ResourceFrom Building Engines
Commercial property teams are navigating changing times where technology plays a crucial role in operations, tenant satisfaction, and sustainability. This report, based on insights from 370 industry professionals, reveals the biggest priorities, challenges, and opportunities for CRE technology adoption in 2025. Don’t miss it.
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Building Engines
Commercial property teams are navigating changing times where technology plays a crucial role in operations, tenant satisfaction, and sustainability. This report, based on insights from 370 industry professionals, reveals the biggest priorities, challenges, and opportunities for CRE technology adoption in 2025. Don’t miss it.
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource