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Philadelphia's original leading source for commercial real estate news, analysis, trends, events and resources in office, industrial, retail, multifamily, hotel, healthcare and net lease property sectors.
Purchase of four 12-story buildings tops record sale price in Philly by $100M.
The 282,736-square-foot logistics facility is being financed through Invesco Real Estate and Webster Bank.
Nuveen's $265M loan facilitates another 200K of lab space at The Curtis.
After Wawa says it will add 40 stores in Central PA, Sheetz counters with 30 new Western PA stores.
The market has been particularly attractive for those moving from New York, Los Angeles and Washington, D.C
The two high-rises total 213 units.
The firm procured the loan to finance a 23-building, fully-leased industrial portfolio located in the Mid-Atlantic region.
New 20-year plan includes 4M SF of multifamily, 4.3M SF of offices, labs, biotech manufacturing.
Firm acquires 75-year ground lease to build, operate R&D facility at Pennovation Works campus.
While investors are adjusting underwriting to account for a higher cost of capital, they aren't slowing down acquisition activity.