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PLYMOUTH MEETING, PA-With the disposition of Century Village administration building in West Palm Beach, FL and Hillcrest Mall in Phillipsburg, NJ, the locally based trust realizes net proceeds of $8.9 million. In selling these non-core assets, Kramont narrows its focus.
PHILADELPHIA-In October, a quartet of internationally renowned architects, chosen from a field of 40, will present proposals for the renovation and addition of 180,000 sf of space at the Free Library's flagship.
HAVERFORD TWP., PA-Despite the restrictive covenants on development of the tract, eight firms based in suburban-Philadelphia and one from Baltimore present plans to the public this week.
WEST NORRITON, PA-On a sublease with 13 years remaining, the new grocery anchor is installing one of its 64,000-sf, expanded-format stores at the 95,000-sf shopping center. Brokers estimate the rental rate is between $10 and 12 per sf.
PHILADELPHIA-The Seattle-based software giant will infuse a 700-student "school of the future" with advanced technology. Systems include a 100%-online curriculum and extend to operational and administrative functions.
KING OF PRUSSIA, PA-The telecom provider inks a lease for the entire three-story building at 2100 Renaissance Blvd. Lease terms are undisclosed. Three suburban brokers concur; the rate is probably between $23 and $25.50 per sf.
PHILADELPHIA-The portfolio encompasses 722 apartment units in three states. College Park Communities joint-ventured with BPG in the acquisition and will operate the properties.
QUAKERTOWN, PA-When the discount store opens next month, it joins Staples and Sears Hardware and takes occupancy at the 220,000-sf shopping center to above 85%. Area brokers say the rental rate is probably "a little under $10 per sf.
PHILADELPHIA-A local private partnership pays approximately $66,154 a unit for the portfolio of properties, all near Rittenhouse Square, that includes 65 studio and one-bedroom, fully rented apartments.
SCRANTON, PA-In separate transactions, the King of Prussia, PA-based developer pays $5.5 million for a 336,700-sf former Corning plant in Benton Park and less than $1 million for the 168,000-sf Connell Building. Both need work. Renovating Connell will take up to $12 million.
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