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PHILADELPHIA, PA—Space reduction and relocation in the form of “rightsizing” continues to guide the office strategy for the US legal sector, according to a new research report from Jones Lang LaSalle.
PHOENIX—Cassidy Turley announces that San Francisco-based Stockbridge Capital Group, LLC has closed on five of six properties that are part of a multi-tenant industrial portfolio in metro Phoenix for $53 million.
PHOENIX—Cassidy Turley announces that Los Angeles-based Regent Properties has acquired 90 Mountain View, a 183,644-square-foot office project located at 9977-9999 N. 90th St. in Scottsdale, for $35 million.
Four Philadelphia based industry heavyweights cited unfavorable tax policy, the crumbling public school system in Philadelphia, political inertia, and lack of job growth as reasons why commercial development has eluded the Center City area.
PHILADELPHIA, PA—The 24-hour city, envisioned two decades ago as “the key to superior investment performance,” is coming to fruition and spreading to downtown districts far beyond the traditional coastal, urban core cities, according to the latest Emerging Trends in Real Estate, an annual report prepared by PriceWaterhouseCoopers and the Urban Land Institute. PWC and ULI briefed the Philadelphia commercial real estate community on the 2015 report at a morning seminar in Philadelphia November 21.
DALLAS--The Dallas office of Berkadia Commercial Mortgage LLC (Berkadia) recently arranged $55 million for the construction of Discovery at the Realm, a multifamily community that will be located in Lewisville.
HOUSTON–Dornin Investment Group has acquired Columbia Centre, a 166,720-square-foot, class B+, nine-story office building and structured parking garage situated on approximately 4.05 acres in Houston's Westchase District.