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READING, PA-Through a long-term franchise agreement with Genesis Ventures I, the 104-room landmark Lincoln Plaza Hotel here will become Wyndham Reading in the third quarter of this year, Dallas-based Wyndham's eighth property in Pennsylvania.
PHILADELPHIA-Cautioning the client that he was asking to "put a square peg in a round hole," Judson Wambold of Tactix negotiates an 8.5-year-term and other unusual requests with Equity Office's Todd Monahan for 30,600 sf.
POTTSVILLE, PA-Before breaking ground on 153 acres in Highridge Park North within the next two months, the retailer nearly doubles its original plan for a 450,000-sf refrigerated warehouse. Total construction cost is approximately $80 million.
PHILADELPHIA-Madison Apartment Group, Berwind's multifamily operating subsidiary, pays $51,158.54 a unit for six apartment communities ranging from class A to class C and will invest $5.1 million in renovations and upgrades.
KING OF PRUSSIA, PA-The locally based website design firm pays Brandywine $163.46 per sf for the office building at 935 First Ave. and puts its current headquarters at 1075 First Ave. up for sale or lease.
NEW SMITHVILLE, PA-Advance Auto Parts, a rapidly expanding nationwide retailer, buys the industrial facility at 9755 Commerce Circle here and will add 150,000 sf, making this its Northeastern distribution center. The seller is Arcadia Properties.
PHILADELPHIA-Although the Philadelphia MSA drops four notches to 27 in Marcus & Millichap's 2004 national retail research report, "investors view Philadelphia as a reliable, long-term investment location," says Jeffrey Algatt of M&M's local office.
BALA CYNWYD, PA-Who, more than Grace Kelly, epitomizes Philadelphia's Main Line cachet? Look-alike models of Kelly and Cary Grant from Saks Fifth Avenue mark the debut of O'Neill's 108-unit, $100-million Corinthian custom condo at a charity gala.
NEWTOWN SQUARE, PA-In its eighth military housing contract, GMH partners with Benham and Centex in a $1.5-billion agreement to build, renovate, and manage communities totaling 3,067 units at Fort Bliss and White Sands Missile Range.
ANDOVER, MA-Locally based Brickstone Properties is retrofitting its building at 100 Minuteman Park here for the Switzerland-based producer of dental implants. Straumann USA will relocate current management from 25,000 sf in Waltham in mid-2005.
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