Sky Capital Group has paid $226 million, or $10463/sf, for Town Square Plaza, a 216,000-square-foot retail property in Pottstown, Pa The Houston real estate firm acquired the shopping center from Bluejay Management of Long Island, NY, which had paid...
Philadelphia Business Journal Lightstone Group has bought the 261,000-square-foot industrial property at 1800 Ogletown Road in Newark, Del, for $321 million, or $12299/sf The Lakewood, NJ, real estate firm acquired the property from Maguire Hayden...
Commercial Real Estate Direct Staff Report Average monthly rents for apartment units across the country increased in the third quarter by 23% from a year ago, to $1,950, according to Cushman & Wakefield The increase was the largest...
Philadelphia Business Journal Standard Communities has paid $293 million, or $157,527/unit, for The Helston, a 186-unit apartment property in Philadelphia’s Wynnefield Heights neighborhood The Los Angeles affordable-housing company acquired...
Philadelphia Business Journal TPG Real Estate Credit has provided $153 million of floating-rate construction financing for the first phase of Airport Logistics Center, a 105 million-square-foot industrial project in Tinicum Township, Pa, next to...
Philadelphia Business Journal A venture of Wilder and investors advised by JPMorgan Asset Management has acquired Marketplace at Huntingdon Valley, a 257,000-square-foot grocery-anchored shopping center in Huntingdon Valley, Pa, a suburb of...
Washington Business Journal Akelius has sold three apartment properties totaling 917 units in Northern Virginia for $23595 million in separate transactions In its most recent deal, the Swedish real estate company sold the 318-unit Dominion Plaza...
Just more than 10 million square feet of office space was leased in Manhattan during the third quarter, bringing the total for the year through September to 3286 million sf, according to Colliers...
Atlanta Business Chronicle Alston & Bird has renewed its lease for about 295,000 square feet of office space at One Atlantic Center in Atlanta The local law firm is reducing its footprint from about 340,000 sf at the 11 million-sf building,...
Crain’s Chicago Business Simpson Thacher & Bartlett has agreed to lease about 94,000 square feet of space at the 638,794-sf office building at 167 North Green St in Chicago’s Fulton Market neighborhood The New York law firm will...
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