PHILADELPHIA, PA—Shorenstein Properties has acquired 1818 Market Street, a 988,000 square foot commercial office tower in the city's Market Street West submarket.

NEW YORK CITY—The REIT, which is the city's largest landlord, has signed leases with two household name tenants for nearly 400,000 square feet of space.

PHOENIX—Lincoln Property Company and funds managed by Oaktree Capital Management, L.P. have completed the $58 million purchase of Biltmore Commerce Center, a class A, institutional-quality office building located in the heart of Phoenix's coveted Camelback Corridor.

NEW YORK CITY—The class A office tower, spanning 503,000 square feet, is owned by Multi-Employer Property Trust.