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PHILADELPHIA-Fresh Grocer opens a 52,000-sf store in West Philly, and a 40,000-sf shopping center breaks ground in Feasterville. Aaron's leases 8,000 sf at Cedarbrook Plaza, and Yeadon Plaza secures another 9,300 sf in leases.
PHILADELPHIA-World Café Live opens in the historic 40,000-sf Hajoca Building at 3025 Walnut St. It includes a production studio for University of Pennsylvania's public radio station and a café and 350-seat music hall.
PHILADELPHIA-Principals of New York-based Vintage Group acquire the Apartment Center in Northeast Philadelphia for $35,088 a unit and rename it Audubon Center. It is 95% occupied. The buyers plan to buy more "solid, middle-income complexes" here.
PHILADELPHIA-Granite Partners is marketing the 20-story, 621,348-sf, class A building where Duane Morris just inked a 15-year lease for 220,000 sf. According to published reports, the building is valued at about $105 million.
PLYMOUTH MEETING, PA-The former US Senator from Georgia and Ambassador to Saudi Arabia takes a seat on Brandywine's board. Kramont, also based here, adds three executives to its property and asset management teams.
PHILADELPHIA-The specialty finance REIT prices a public offering of two million shares of its 8.375% Series B preferred stock at a liquidation preference of $25 a share. An over-allotment option could add $7.3 million to net proceeds.
PHILADELPHIA-After 20 years in the historic Bourse Building along Independence Mall, Delaware Valley Regional Planning Commission relocates to the newer American College of Physicians Building on the mall's west side, taking it to 100% occupancy.
FRAZER, PA-The building at 83 General Warren Blvd. here is on a land parcel that is part of a condo complex, which complicated the transaction. NorthMarq Capital arranged the 20-year term funding through Aetna.
JENKINTOWN, PA-Slight revisions in this acquisition, initially announced last May, lift the price by $24 million. The portfolio contains 191 branches and 61 buildings, aggregating 7.7 million sf. BofA will lease back 61% for 15 years.
RADNOR, PA-With a lease for 5,550 sf, an affiliate of Lyon's Insurance Co. accelerates lease-up of the five-building former Wyeth Pharmaceuticals complex that was recently renovated by Rubenstein Co. and acquired by Brandywine.
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