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PHILADELPHIA-The renovations of the 758-room Wyndham Philadelphia at Franklin Plaza, costing $7.5 million, will encompass guestrooms, corridors, the lobby, restaurants and create more flexible meeting room options.
PHILADELPHIA-William Finnegan, former head of the building's leasing team for C&W here, joins GVA Smith Mack as VP and teams with principal Thomas Kramer to raise the 20-story property's occupancy above its current 77% level.
PHILADELPHIA-Following shareholder approval of its acquisition of Crown American, the retail REIT filed a shelf registration with the SEC to sell as much as $500 million worth of stock in one or more offerings.
PHILADELPHIA-One of the city's largest law firms moves to the American College of Physicians' building at 190 North Independence Mall West. Brokers estimate the price is between $20 and $23 per sf.
HARRISBURG, PA-Among the recipients of the more than $9.5 million in loans and tax credits is Anthony Wayne Senior Housing, a historic, four-story structure in South Philly that will be converted into 39 rental units.
CAMP HILL, PA-As part of the redevelopment of the 525,000-sf mall here that has been under way since Cedar acquired the property a year ago, the 14-auditorium movie complex will rise where the Giant Food Store now stands.
CAMP HILL, PA-As part of the redevelopment of the 525,000-sf mall here that has been under way since Cedar acquired the property a year ago, the 14-auditorium movie complex will rise where the Giant Food Store now stands.
KENNETT SQUARE, PA-Charles Taylor & Sons subleases a 12,000-sf space here for eight years at an aggregate rental in excess of $700,000. Meanwhile, a 41,200-sf industrial property in Upper Chichester goes on the block.
WYOMISSING, PA-Keystone Development Partners picks up multi-tenant, mid-rise, class A office buildings totaling 95,766 sf at 1105 and 1150 Berkshire Blvd. here for in excess of $8.6 million, or about $89.80 per sf.
PHILADELPHIA-While $8 million doesn't make a big dent in the projected $106-million needed to fund phase one of the four-million-sf project, "it makes raising the rest easier," Martin Schiffman, president of the developing partnership, tells GlobeSt.com.
From Placer.ai
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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.
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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