KENNETT SQUARE, PA-Formation Capital and JER Partners will pay $1.25 billion and assume $450 million in debt for Genesis' 221 skilled nursing and assisted living facilities.

KENNETT SQUARE, PA-Formation Capital and JER Partners will pay $1.25 billion and assume $450 million in debt for Genesis' 221 skilled nursing and assisted living facilities.

PHILADELPHIA-A law firm lifts occupancy at Two Penn Center Plaza to 87%. Four Penn Center's new owner drops the rate to fill its remaining 6% vacancy.

PHILADELPHIA-Trammell Crow brokers Bill Luff, Ken Zirk and Drew McGowan, along with marketing specialist Stephanie Brill, opted for a post-merger move.

PHILADELPHIA-With the help of a $1.7-million incentive package from the state, Howard-McCray will relocate and expand from space on Grant Avenue.

HARLEYSVILLE, PA-Having acquired the 132,000-sf former Nice Bearings industrial building for $3.5 million, Corvest will convert it into class A office space.

HORSHAM, PA-The maker of tools for semiconductor components re-ups for the full 48,870-sf office and R&D building owned by Liberty at 187 Gibraltar Rd.

BRYN MAWR, PA-The three assets from Kimco are in Massachusetts and New York and aggregate 391,108 sf. WP plans to invest $10 million to upgrade the portfolio.