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The Drexel Properties are comprised of four courtyard-style buildings and include popular local retail services such as a hairdresser, grocery store and other retailers.
In the largest of the agreements, Ameribest expanded its existing offices with the lease of another 6,924 square feet on the second floor of 990 Spring Garden.
Investors Bank's largest single CRE loan, which was completed at the end of 2018, was a $42 million transaction to refinance the commercial mortgages on 27 retail properties in multiple locations.
Pembrook Capital's Stuart Boesky says he's bullish on Philadelphia's multifamily market and this transaction is an investment into a neighborhood that is in the process of rapid revitalization.
Hillwood, developer of the 26,000-acre master-planned AllianceTexas development, will build three speculative industrial buildings totaling almost 1.5 million square feet at Alliance Northport and Westport.
The company which creates and operates active lifestyles facilities branches out to its second Brooklyn location, leasing more than 30,000 square feet at 87 Kent Ave.