Philadelphia

The transaction aligns with the firm's strategy to focus on resort, luxury, lifestyle and destination-orientated assets, as well as its New York portfolio.

According to Sean Organ of Morgan Properties, the firm has sustained low vacancy rate with strong rent growth.

The company has purchased a class A office property in Mt. Laurel, NJ and plans to develop 184,500-SF, state-of-the-art logistics facility.

The three-property portfolio was purchased by Peachtree Hotel Group from Widewaters Hotels.

The firm will work with the Almono Limited Partnership to transform a historic Pittsburgh site into a sustainable, innovative neighborhood by delivering millions of square feet of new mixed-use space over the next decade.

Fairstead has acquired a 45-story, 612-unit property in an acquisition that serves as the largest single-asset multifamily sale in Philadelphia's history.

The REIT's premier super-regional property, Cherry Hill Mall achieved nearly 28% growth to $936 sales per-square-foot.

The firm has acquired 29.5 acres of land in York, PA and plans to redevelop the former Glen-Gery manufacturing site into a state-of-the-art warehouse.