PHILADELPHIA-The Newton, MA-based REIT pays $103.67 per sf for the 32-story Centre Square office building at 1500 Market St. The 1.77-million-sf, 29-year-old building, is 97% leased by 37 different tenants, a majority of which are leased through 2006.

ATLANTA-The New York-based firm obtains $100 million in funding to acquire the 1.8-million-sf IBM Corporate Campus, located on 206 acres in University Research Park. Total price, sources tell GlobeSt.com on condition of anonymity, is $130 million, or $72.22 per sf.

ATLANTA-An affiliate of the Munich-based insurance company buys a 601,000-sf distribution center in Gwinnett County for approximately $32.28 per sf from Indianapolis, IN-based Duke Realty. The newly constructed facility is 84% leased to Des Plaines, IL-based United Stationers.

PHILADELPHIA-A former 117,000-sf distribution center at 1100 E. Erie Ave. is sold to locally based Community Academy for about $17 per sf for conversion into a charter school. It is among several area industrial buildings recently acquired for this purpose.

PHILADELPHIA-The discount apparel retailer moves into the former JC Penney location adjacent to Galleria II on Market Street in Center City. It follows a 30,000-sf Old Navy lease, which took Galleria II to 85% occupancy.

ATLANTA-Alpharetta, GA-based Bank of North Georgia provides the locally based community hospital operator a construction loan with interest at prime plus 1% a year and a 20-year mortgage loan at the same rate for the 68,000-sf hospital in Jasper, GA.

PHILADELPHIA-Emeryville, CA-based Devon Self-Storage relocates from Callowhill Street to a two-story, 165,000-sf warehouse property on East Oregon Avenue to gain easier access to Center City. It will spend $5 million to renovate the building, now used for record storage.

ATLANTA-Jackson Plaza, a three-building, 172,000-sf office facility in Oak Ridge, TN, is up for sale at an asking price of about $31.98 per sf. It is the only class-A office property in Oak Ridge, about 15 miles northwest of Knoxville, TN.