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PHILADELPHIA-Cedar Income Fund and ARC Properties buy a 90% stake in the grocery-anchored urban shopping center. It is Cedar's third such property in Philadelphia. Cedar also completes a $21-million refinancing of The Point in Harrisburg, PA.
PHILADELPHIA-The warehouse/distribution space is in the renovated 288,000-sf Unit 3 at 700 Pattison Avenue, owned by Philadelphia-based Jetro Real Estate, and next to the construction site of the new Philadelphia Eagles stadium.
ATLANTA-The lighting and electronics giant expands distribution facilities, adding a new lease for 71,347 sf in the 3.1-million-sf industrial park and renewing its existing 156,021 sf at Westpark. Brokers familiar with the properties estimate the rental at $4 per sf.
ATLANTA-The supplier of Dove, Lipton and other consumer products adds 443,520 sf to its 600,000-sf distribution facility in a 10-year lease estimated at $4 per sf. Denver-based distribution specialist ProLogis owns the building, operated by a third-party logistics provider.
ATLANTA-The 227-unit, 92%-occupied apartment complex is the first sale from Texas-based Archon Group's $600 million, 34-property nationwide portfolio being marketed by the Atlanta office of CB Richard Ellis. Two others, Hunter's Bay and Chelsea Park, are in Atlanta. Lincoln paid $15.7 million.
ATLANTA-Local restaurateur, hero and baseball Hall-of-Famer Hank Aaron steps up to hit another home run with a Krispy Kreme franchise in Atlanta's West End. Terms of the deal weren't disclosed.
ATLANTA-John Leonard moves from directing the Las Vegas office of the Encino, CA-based commercial real estate brokerage firm. His move signals the firm's increased expansion in the Atlanta markets.
ATLANTA-The APAC subsidiary of Fortune 500-Ashland Inc. picks up space that surfaced when the troubled online broker terminated its lease. The new tenant will open a shared service center for several of its companies this month, maintaining the 132,250-sf property's 95%-occupancy.
ATLANTA-She is a former senior vice president of government relations at News Corporation/Fox Broadcasting and a director of government relations at Turner Broadcasting. Terms of her contract with CoreNet were not disclosed.
ATLANTA-Homebuilder Kara Construction & Development goes commercial on a 6.3-acre vacant property it bought from locally based M.D. Hodges Enterprises for $475,000 or $75,397 per acre.
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 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 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