UPPER MACUNGIE TWP., PA-Among the few remaining large land tracts near the interchange of Route 100 and I-78 in the Lehigh Valley, the site can support up to 1.4 million sf of light industrial development.

JENKINTOWN, PA-The final sale-leaseback agreement excludes 10 non-core properties totaling 600,000 sf, shaving nearly $35 million from the initial deal and leaving American Financial with 93 branches and 47 buildings aggregating 7.6 million sf.

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PHILADELPHIA-The Fortuna food processing plant on 16 acres at Tomlinson Road is being marketed for sale under a leaseback agreement. The lease extends for 15 years and provides $954,500 in annual income.

PHILADELPHIA-Average asking rental rates for office space drop by pennies, but there's a $3.68-per-sf gap between asking and effective rates, according to Marcus & Millichap, which projects an effective rate of $18.41 per sf by year-end.

HORSHAM, PA-The Dallas Police and Fire Pension System and a GMAC affiliate form Select Apartment Properties to acquire and reposition five properties in as many cities with an aggregate value in excess of $150 million.

PHILADELPHIA-In an expansion to the Northeast, the Illinois-based cancer care provider plans a $44-million renovation of the 200-bed general hospital, shuttered by Tenet Healthcare last year, into a 40-bed specialty facility.

PLYMOUTH MEETING, PA-After raising approximately $217.1 million from the sale of common stock, the REIT closes two weeks early on an acquisition that adds about 3.5 million sf of class A office space to its portfolio.