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CONSHOHOCKEN, PA-Norman Spencer McKernan relocates to 1100 E. Hector St. here at the former Lee Tires site. Preferred Real Estate Investments spent $40 million to transform the industrial property into a 650,000-sf class A office park.
PHILADELPHIA-The 71-unit apartment building on W. 72nd Avenue sells for $3 million, or about $42,253 a unit, while, in an unrelated transaction, Iron Stone Management pays $1.7 million for a Chestnut Hill property ripe for redevelopment.
NORTH MIAMI BEACH-On the day the shopping center owner reported 2004 growth in income, occupancy and rental rates, it also said that none of its Winn-Dixie leases is listed for relief on the troubled supermarket's bankruptcy petition.
LAUDERHILL, FL-The Boca Raton-based firm acquires the 10-acre center plus 14 acres nearby. It will redevelop the center, demolish its existing Publix unit and replace it in 47,000 sf of a new Inverrary Falls retail development.
PHILADELPHIA-Calling this a "strong, dynamic urban market with large barriers to entry," Next Realty and Apollo Real Estate Advisors buy Eglin garages near Rittenhouse Square. An area broker estimates the price tag at $20 million.
MIAMI-Originally planned as a 39-story tower, developer BBB Group's first South Florida project adds 10 more floors of two-story lofts selling for up to $1.4 million. Ground breaks this summer; completion is scheduled for spring 2008.
PHILADELPHIA-Exclusive listing assignments at three Lehigh Valley shopping center developments prompt the Conshohocken-based retail specialist to open its third regional office. Meanwhile, Newtown Square-based GMH Communities adds a VP of information technology.
LAKE WORTH, FL-Madison Glen Investments pays just under $10.3 million for 170-unit Lake Worth Gardens, an independent living facility at 3927 Hadjes Dr. It is the second time in three years the facility has traded hands.
PHILADELPHIA-As part of its $400-million five-year expansion plan the university will transfer approximately 800 of its health system administrative employees to the 75-acre North Philadelphia site being redeveloped by Preferred Real Estate Investments.
PHILADELPHIA-As part of its $400-million five-year expansion plan the university will transfer approximately 800 of its health system administrative employees to the 75-acre North Philadelphia site being redeveloped by Preferred Real Estate Investments.
From 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 TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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 TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
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 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 TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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 TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
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 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