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PHILADELPHIA-The MSA's stable multifamily market continues to lure investors, according to a Marcus & Millichap report that says vacancies have remained under 4% over the past four years. Construction is level except for Center City's boom.
NEW YORK CITY-Through a partnership with MoviebankUSA, Duane Reade is installing video vending machines.
PHILADELPHIA-Morgan Stanley Mortgage Capital provides a $4.5-million fixed-rate loan for the 175,000-sf office and storage facility that Valhal acquired in 2000 and refurbished, taking it from 15% to 95% occupancy.
CARTERET, NJ-Despite weakness in third-quarter sales and, the regional grocery chain will invest another $15 million in renovations.
JENKINTOWN, PA-During an active quarter in which the financial REIT acquired 7.7 million sf from Wachovia and disposed of non-core assets, same-store and full-portfolio occupancy rose, and 312,000 sf of new leasing took place.
MELROSE PARK, PA-The 137-unit complex at 902 Valley Rd. here refinances with a 25-year, $6.7-million first mortgage. The prepayment penalty on the existing mortgage was waived. NorthMarq arranged the loan through Freddie Mac.
ALLENTOWN, PA-Within two weeks of buying the 607,000-sf warehouse at 860 Nestle Way, the Malvern, PA-based REIT pays $40.5 million to LaSalle Investment for the fully-leased buildings at 200 and 250 Boulder Dr. here.
PHILADELPHIA-Locally based CIAB Associates, which once sold its copier business to Ricoh, sells the 63,000-sf, net-leased Ricoh office and distribution center at 2727 Commerce Way to Atlanta-based Highland Equity Group. The asking price was $7 million.
PHILADELPHIA-The Conshohocken-based developer plans to convert the North Philadelphia parcel, which contains about 20 buildings aggregating more than two million sf, into Budd Commerce Center, a mix of office, industrial, retail and residential facilities.
PHILADELPHIA-As Christopher's plans eight units here, Jos. A. Bank and Men's Wearhouse boost their presence and Boyd's waits in the wings.
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