David Simon Passes Away After Battle with Cancer
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CREFC’s Lisa Pendergast Retiring in August
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Brookfield Revives GGP Name for Malls
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January 21, 2005 The Philadelphia Inquirer (sixth item)ING Clarion Partners has paid $60 million to acquire a 1.2 million-square-foot warehouse and distribution facility in Carlisle, Pa. ING made the purchase on behalf of a pension-fund client. Bradley Associates sold the ...
January 12, 2005 The Patriot-NewsDeveloper Norman K.A. Hoffer paid $15 million to acquire the 220,000-square-foot nearly vacant PHICO Insurance headquarters building in Silver Spring Twp., Pa. PHICO Insurance, which specialized in medical malpractice coverage, paid $30 million when it acquired ...
January 12, 2005 The Patriot-NewsIntegrity Bank plans to tear down a block of buildings along Bridge Street in New Cumberland, Pa., to make way for a new banking office. In all, three businesses and three houses – all zoned for ...
January 11, 2005 The Patriot NewsBondholders in the financially troubled Forum Place office building in downtown Harrisburg, Pa., are being asked to allow the building's management to borrow up to $12.5 million to fix up office space to attract new ...
August 10, 2004 Kramont Realty Trust (NYSE:KRT) has purchased Kline Plaza, a 223,000-square-foot shopping center in Harrisburg, Pa., for about $17.3 million.The Plymouth Meeting, Pa., REIT paid cash for the acquisition and assumed a $13 million mortgage.The property on South ...
July 15, 2004 The Patriot-NewsPhoenix Development Group – a consortium of The Flynn Group, Pascotti Real Estate and Reynolds Construction – plans to build a 25-story residential tower in Harrisburg, Pa. The Residence will have 90 luxury condominium units as ...
July 2, 2004 Heritage Property Investment Trust Inc. (NYSE:HTG) has completed the $63 million purchase of the Colonial Commons Shopping Center in Harrisburg, Pa.The Boston REIT funded the purchase by tapping its line of credit. The center is unencumbered.The property ...
April 30, 2004 The Patriot-NewsThe financial adviser blamed by the SEC for some of the problems associated with the failed Forum Place office complex in Harrisburg, Pa., denies any wrongdoing. Robert Fowler, co-owner and president of Public Financial Consultants, has ...
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