City: Allentown

Pennsylvania REIT has sold the 406,000-square-foot South Mall in Allentown, Pa., for $23.6 million, another step in the Philadelphia REIT's strategy to unload non-core assets and reduce debt. The mall, at 3300 Lehigh St., is anchored by SteinMart and Bon ...

A group of investors has paid in excess of $50 million, or $98/sf for Tek Park, a 510,000-square-foot office, research and development, and data center complex at 9999 Hamilton Blvd. in Breinigsville, Pa., southwest of Allentown, Pa. An affiliate of ...

Mack Trucks has agreed to sell its 250,000-square-foot headquarters complex in Allentown, Pa., to J.G. Petrucci Co., an Asbury, N.J., developer. Mack is leasing back part of the 22-acre property, near Interstate 78 and Route 309, as it relocates its ...

The Plain DealerBethlehem, Pa., in the foothills of the Pocono Mountains, is on the verge of a commercial property transformation. Las Vegas Sands Corp. is preparing to begin construction of a $600 million casino-hotel complex on a portion of the ...

Express-TimesVornado Realty Trust is interested in buying a 100-acre redevelopment site in Lopatcong, Pa., near Easton, Pa. The Paramus, N.J., REIT will meet with Lopatcong officials later this month to discuss the property, a former Ingersoll-Rand operations site along Route ...

CIBC World Markets has provided $82 million of financing to facilitate the purchase by an investor group of the Plaza at PPL Center, a 252,193-square-foot office building in Allentown, Pa.The property was sold recently for $93 million by Liberty Property ...

Liberty Property Trust has sold the Plaza at PPL, a 252,193-square-foot office building in Allentown, Pa., for $83 million, about $325/sf.The Malvern, Pa., REIT sold the eight-story building to a group of undisclosed international investors. Liberty marketed the property through ...