PHILADELPHIA-The utilities provider kicks off its five-year initiative with the opening of its first green building.

ROYERSFORD, PA-The locally based company has purchased the 16-acre property from Jadko Realty Corp. for an undisclosed sum.

Although some companies have pulled back on expansion plans, the state has yet to feel the full sting of the downturn.

'Mixed-use projects are important and will continue to be.'

RADNOR, PA-The company has raised $108 million in equity through its TIC properties. The equity comes from 225 investors.

PHILADELPHIA-REIT officers make plans to pay off a $400-million conduit assumed in its merger. The net loss is tied to tenant bankruptcies, but store backfills are coming.

'I predict a near-term rise in vacancy.'

HOLMDEL, NJ-The developer hopes to turn the landmark building, which was in danger of being demolished, into a mixed-use property.