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“Millennium offers significant near-term upside for an experienced owner like Morgan Properties to take advantage of all that Conshohocken has to offer,” says HFF's Doug Rodio.
IMC announced its Center City office at a holiday party at celebrated the holidays at Penn Medicine's newly constructed Center for Healthcare Technology building, which IMC engineered.
“This acquisition is in line with our strategy of identifying underutilized, high quality food processing facilities that can be retrofitted for modern users,” says Leslie Amoils, president of Infinity Asset Solutions.
FHLBank's suite of financial services includes cost loans (advances), which may be used for community development lending, asset/liability management and general funding.
The deal for the portfolio secures the Boston-based firm gross proceeds of approximately $113.5 million. The properties are 100% leased to seven tenants. The portfolio was acquired by Exeter Property Group of Conshohocken, PA.
“What we found is that when you improve the comfort and well-being of the people in a building by designing a more dynamic building, they start to behave differently,” says Carmen Ferrigno, vice president of communications with Saint-Gobain.