PHILADELPHIA-Locally based Sunrock Capital Corp. moves its Downtown headquarters to 9,755-sf at Four Penn Center next month, doubling its existing space at neighboring Eleven Penn Center. Four Penn, built in 1964, was renovated in 2001 by owner, Boston-based Leggat McCall.

ATLANTA-Locally based First Powers Ferry Partners sells its 16-year-old 1899 Building for $7.5 million to Birmingham, AL-based Daniel Corp. The five-story, 92,588-sf, class-B+ office building in northwest Atlanta is 70% leased. The asking rental rate is $19 per sf.

PHILADELPHIA-The West Conshohocken, PA-based company divests its portfolio of two industrial buildings totaling 300,027 sf in order to focus on its core strategy of acquiring big-box warehouse facilities in the Northeast corridor. The buyer is Mobile, AL-based Baker Properties.

ATLANTA-Continuing to fill its portfolio with shopping centers in the Southeast, the Oak Brook, IL-based Retail REIT adds its first Alabama center. It pays $69 per sf for the 222,019-sf mall near the University of Alabama, which is 97% leased.

PHILADELPHIA-Despite Keystone Opportunity Zones status, many Philadelphia County second- and third-generation industrial buildings lose ground to more up-to-date facilities in surrounding counties. The metro market remains flat, according to a second-quarter report.

PHILADELPHIA-New Jersey-based PSEG's SiteFinder partnership highlights the strengthening relationship between brokers and utilities at a Utility Economic Development Association forum. A panel applauds utilities' databanks and analyses, but split over whether utilities should charge commissions.

ATLANTA-The permanent loan is for 10 years, locked at a 6.9%-rate, with a 30-year amortization, arranged by the Atlanta office of Chicago-based iCap Realty Advisors and funded by Newark, NJ-based Prudential Mortgage Capital. The 136,282-sf property is 98% leased.

ATLANTA-The London-based hotelier leases one of three class-A office buildings in Great Oaks Center, owned by locally based Holder Properties. The five-year lease takes the building to 100% occupancy. According to published reports, the rental rate is $16.50 per sf.