Philadelphia

Intuitive Health has chosen medical office development firms Rendina Healthcare Real Estate of Jupiter, FL and Anchor Health Properties to develop Intuitive's pipeline of healthcare properties on a build-to-suit basis.

Under the terms of a Memorandum of Understanding, Welltower and Jefferson would create a joint venture whereby Welltower would acquire a stake in certain real estate assets of Jefferson.

The 88,598-square-foot grocery-anchored shopping center was 96% occupied at the time of the sale, according to Institutional Property Advisors

The company unveiled plans remodel 35 existing stores in 2020 and 2021. With this investment, Giant will grow its commitment to the city of Philadelphia, its home market in Central Pennsylvania, and Monroe County.

Located 10 miles north of Philadelphia, Baederwood Shoppes on the Fairway is 94% leased. Its tenant roster includes anchor Whole Foods Market, as well as Planet Fitness, Panera Bread, Le Papillon Hair Salon, Massage Envy, Baederwood Pharmacy, Penn Community Bank and WSFS Bank.

In New Jersey, the arranged sales involving 3,683 units with a sales value in excess of $606.8 million in 2019. In the Greater Philadelphia metro region, Gebroe-Hammer Associates orchestrated more than $455 million in sales totaling more than 4,265 units last year.