WYNCOTE, PA-Three new pad sites totaling 30,000 sf break ground this month two-thirds preleased. A second phase for up to 50,000 sf is slated for 2005. Both are on a 3.5-acre parcel adjacent to the 600,000-sf shopping center.

BALA CYNWYD, PA-Maguire & Partners obtains four leases totaling 26,508 sf in its newly renovated, 230,000-sf building at One Belmont Ave. in this Philadelphia suburb which commands the highest asking rental rates of them all.

WILLOW GROVE, PA-New York City-based Sonnenblick-Goldman arranges a $13.2-million permanent, fixed-rate, 10-year loan through the hospitality division of GMAC Commercial Mortgage Corp. for the 94,092-sf property at 2480 Maryland Rd. here.

WARMINSTER, PA-Two small businesses acquire properties to support expansion. A design/manufacturing center pays $45.44 per sf for a property in the Street Road Industrial Center here. A manufacturer in nearby Bensalem pays $33.94 per sf.

PHILADELPHIA-After flirting with other Downtown trophy owners, the developer of a proposed one and New Jersey, the firm renews with HRPT Properties for up to 300,000 sf at 1500 Market St., which is undergoing major renovations.

PLYMOUTH MEETING, PA-A local information page and message board, added to the company's online service platform for tenants, allows tenants to obtain information on area car rentals, available accommodations and events, including weather-related emergencies.

PHILADELPHIA-In further tightening its bottom line, the locally based REIT terminates its eight remaining hotel leases with Hersha Hospitality Management and transfers them to 44 New England Management Co., its taxable REIT subsidiary.

PHILADELPHIA-Pearl Properties pays $119.40 per sf for the three-story building at 1733-1735 Chestnut St., an area slated for retail revitalization. Wolf Investment Corp. acquires a 207,545-sf industrial facility on 15 acres at Tomlinson Rd.