Commercial Observer ACORE Capital has provided $138.9 million of financing against more than 691,000 square feet of office and retail space at the National Place mixed-use complex in Washington, D.C. Quadrangle Development Corp. owns the property at 1331 Pennsylvania Ave....
Commercial Observer DH Property Holdings has secured $62 million of construction financing for the development of a 282,737-square-foot industrial project in Philadelphia. PCCP LLC provided the loan, which was arranged by Walker & Dunlop. DH Property, of New York, plans...
Commercial Observer Asia Capital Real Estate has provided $28.8 million of financing against Heinz at 950 North Shore, a 151-unit apartment property in Pittsburgh. A venture of MCM Co. and the Ferchill Group owns the complex, which was developed in...
Real Estate NJ NorthBridge Partners has paid $23.3 million, or $85.45/sf, for the 272,682-square-foot industrial building at 14 Sbar Blvd. in Moorestown, N.J., about 10 miles east downtown Philadelphia. The Piperno family sold the building in a deal brokered by...
Bisnow Lennar Multifamily Communities has proposed developing a 470-unit residential project in Alexandria, Va. Plans for the development call for a 385-unit apartment building with 85 townhomes next to it. The complex would sit on a 7.6-acre development site near...
Baltimore Business Journal Black Creek Group plans to build the 2 million-square-foot I-95 Logistics Center in the Baltimore suburb of Aberdeen, Md. The Denver developer expects to break ground on the industrial project later this year and complete it by...
Baltimore Business Journal Merritt Properties is building the Red Run Commerce Center, a 215,000-square-foot business park in the Baltimore suburb of Owings Mills, Md. The property will have a mix of flex-industrial, retail and office space. It will sit on...
Baltimore Business Journal BentallGreenOak has paid $125 million, or $146.45/sf, for the 853,520-square-foot Mid-Atlantic Commerce Center in the Baltimore suburb of Jessup, Md. The New York company bought the property from Grandview Partners, which had purchased it last year for...
Philadelphia Business Journal Pfizer Inc. is offering for sale a 1.89 million-square-foot office complex in Collegeville, Pa. The pharmaceutical company has hired Cushman & Wakefield to market the property, which sits on a 340-acre site at 400-500 Arcola Road, about...
Bisnow A venture of Wilkes Co. and Quadrangle Development is offering for sale a development site at 950 Third St. NW in Washington, D.C. Meany & Oliver has been tapped to market the site, which is in the 2 million-square-foot...
