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Radnor Property Group announced last week it had officially started construction on the second phase of the $175-million, 500,000-square-foot The Hamilton, which is located steps from the Community College of Philadelphia's main campus.

The purchase price represents a 6.2% underwritten capitalization rate.

Spruce Capital secured $102 million in Fannie Mae financing that was arranged by Newmark Knight Frank in connection with the purchase.

WeWork's US portfolio currently comprises approximately 27 million square feet in 35 US metros.

The reforms include the creation of an independent inspector general to oversee the EDA, a chief compliance officer within the authority, the annual recertification of awards with additional penalties for violations, and the Senate's advice and consent on the appointment of top EDA officials.

Tech investments will reshape retail management.

Cushman & Wakefield continues to market the remaining approximately 845,000 square feet at the 230-acre site, which represents one of the largest blocks of available modern warehouse space in the New Jersey and Northern Pennsylvania markets.

From attracting new customers to creating more value for stakeholders, branding shopping centers can be essential to success.