Capital Markets

The three-story medical office building is located within Brandywine Crossing, a 230,925-square-foot shopping center featuring a Safeway, Costco, Target, Xscape Theaters and CarMax.

Private equity firms are driving up the cost of deals as they raise money faster than they can spend it, stockpiling a record $1.26 trillion in undeployed capital as of March.

Realtors pointed to a 9.6% increase in active single-family home listings (97,195) as a positive sign going forward that will help keep the lid on rising home prices in the Sunshine State.

The development's first tower, designed by Corwil Architects, will feature 312 apartment units and 6,000 square feet of retail in a 22-story building, will break ground in July.

1629 Market Street will have 420 units, nearly 9,000 square feet of retail and a sub-grade garage in a 24/7 location with more than 400 restaurants and many prominent tech firms in an eight-block radius.

The investment takes advantage of "a tight submarket with limited bulk availabilities and a lean construction pipeline," says Chris Sterling, vice president at TIG.

“This portfolio of properties provides us a unique opportunity to control an irreplaceable block of class A office product across three recently renovated and repositioned assets that cater to diverse users,” says Charley McGrath, MRP's Philadelphia managing director.

Listen to our exclusive audio interview about how virtual reality technology is speeding design and development of approximately 220 residences in the year-round, live/work/play community in Greater Green Bay.