WEST LANGHORNE, PA-Mercy Home Health opens a 2,083-sf nursing dispatch center, and MFR Claims Processing leases 5,000 sf office/industrial flex space on Cabot Boulevard in Oxford Court here. Meanwhile, Novatek re-ups at Pickering Creek.

PHILADELPHIA-Sunoco completes its purchase of the ConocoPhillips' retail network of Mobil-brand locations throughout Delaware, Maryland, Virginia and Washington, DC for approximately $532,353 a unit. They will be reflagged with the Sunoco brand.

NORRISTOWN, PA-Gov. Ed Rendell hands out $1.5 million from the state's Redevelopment Assistance Capital Program for construction of an $8-million, 450-vehicle facility to serve the new Department of Environmental Protection's building here.

MALVERN, PA-During first quarter 2004, both net income and FFO dipped for Liberty Property Trust shareholders, affirming "our overall sense of 2004," says CEO Bill Hankowsky, adding, "our focus will remain on leasing the core portfolio.

PHILADELPHIA-Robert McCadden, a partner in KPMG's local office, will join the REIT as CFO and SVP on May 17 when several shifts in PREIT's management take place. Jonathan Weller, president and COO, becomes vice chairman.

PHILADELPHIA-The giant insurer's long-awaited decision to keep its headquarters in Center City is greeted with relief, although it commits to just 440,000 sf, nearly 200,000 sf less than it now occupies at Shorenstein's landmark tower.

CHADDS FORD, PA-Brandy Partners sells the remaining half of its interest in acreage, zoned for retail, along New Loop Road to Royal Ahold, the Netherlands-based owner of Giant Food and Stop & Shop, for $4 million.

PLYMOUTH MEETING, PA-Fourth-quarter 2004 net income for the locally based REIT dropped $1.4 million to $12.5 million while funds from operations rose $4.3 million to $34.4 million as a result of preferred stock redemption.