Philadelphia Business Journal Welltower has paid $406 million, or $253,750/unit, for Arcadia at Limerick Pointe, a 160-unit seniors-housing property in Limerick, Pa, about 30 miles northwest of downtown, or Center City, Philadelphia The Toledo,...
Commercial Observer PNC Bank has provided $92 million of construction financing for a 299-unit apartment project in Washington, DC United Bank also participated in the five-year loan, which was arranged by Berkadia The project benefits from a...
Commercial Observer JE Richards has leased all 935,000 square feet at the recently constructed 211 Centreport Parkway industrial property in Stafford, Va The Lanham, Md, commercial electrical contractor and manufacturer will make data-center...
Bucks County Courier Times The demolition of most of the Neshaminy Mall in the Philadelphia suburb of Bensalem, Pa, is scheduled to get underway in December The 105 million-square-foot retail property was purchased two years ago by a venture of...
Crain’s Chicago Business FPA Multifamily is offering for sale two apartment properties with a combined 572 units in downtown Chicago The San Francisco investment manager hired Newmark to market properties, which have no asking price FPA...
Dallas Business Journal The US General Services Administration is offering for sale the 669,264-square-foot Fritz G Lanham Federal Building in Fort Worth The office property, which was built in 1966 at 819 Taylor St, is being marketed along with a...
Philadelphia Business Journal EPR Properties has paid $60 million, or $500/sf, for the 120,000-square-foot retail building occupied by Netflix House in King of Prussia, Pa The Kansas City, Mo, REIT acquired the property from HBC, the former...
Commercial Observer O’Melveny & Myers has signed a 15-year renewal for about 100,000 square feet of office space at 1625 Eye St NW in Washington, DC The law firm, which has been at the 405,000-sf property since 2003, occupies its top three...
Philadelphia Business Journal Alliance HP is seeking a buyer or capital partner for Spring Mill Campus, a 508,500-square-foot office property in the Philadelphia suburb of Conshohocken, Pa JLL has been tapped to market the seven-building complex,...
Philadelphia Business Journal The City of Philadelphia Department of Aviation has paid $42 million, or $9524/sf, for a 441,000-square-foot office building at 8800 Tinicum Blvd in Philadelphia The government agency, which operates the city’s...
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