City: Philadelphia

Philadelphia Business Journal GLP Capital Partners has paid $71.5 million, or $252.65/sf, for the 283,000-square-foot warehouse at 2400 Weccacoe Ave. in Philadelphia. The Santa Monica, Calif., company bought the industrial property from a venture of Walton Street Capital and Wharton ...

Philadelphia Business Journal Velocity Venture Partners has paid $19.5 million, or $43.11/sf, for the 452,323-square-foot industrial building at 1180 Church Road in Lansdale, Pa., a Philadelphia suburb. The Philadelphia investment firm bought the property from DeSanto Realty Group of Radnor, ...

Philadelphia Business Journal Amazon.com Inc. has signed a lease for 94,000 square feet at 700 Ramona Ave. in Philadelphia. The online retail giant will use the vacant building as a distribution facility. Last year, Amazon inked leases for more than ...

Philadelphia Business Journal A venture of Clarion Partners and MRP Industrial has paid $110.5 million for the development site at 1900 River Road in Burlington, N.J., about 30 miles northeast of downtown Philadelphia. It bought the site from Stag Industrial ...

Philadelphia Business Journal Faropoint has paid $29.4 million, or $96.69/sf, for the Runnemede Corporate Center, a 304,077-square-foot industrial complex in the Philadelphia suburb of Runnemede, N.J. The Tel Aviv, Israel, real estate investment firm, which has its U.S. headquarters in ...

Levittown Now NorthPoint Development has paid $160 million for the 1,800-acre Keystone Industrial Port Complex in the Philadelphia suburb of Falls Township, Pa. The Kansas City, Mo., developer bought the property, along the Delaware River, from U.S. Steel Corp., which ...

Philadelphia Business Journal DH Property Holdings is planning to develop a 733,800-square-foot industrial project along the Delaware River in Philadelphia. The New York company recently acquired the project's 67-acre development site, at 5000 Richmond St. in the city's Bridesburg neighborhood, ...

Macerich Co. has injected $100 million of equity to pay down a $300.5 million loan, provided by a group of lenders led by Wells Fargo Bank, against the Fashion District retail property in downtown Philadelphia. The action means Macerich, of ...

Philadelphia Business Journal Six Acre Capital plans on constructing a 110-unit apartment property in Philadelphia. The New York developer bought the project's development site, at 1525 North American St., for $3.8 million from Streamline, a Philadelphia investment firm. Walker & ...

Blackstone Group has agreed to pay $3.45 billion, or $1,500/sf, for 13 life-sciences properties with 2.3 million square feet in Cambridge, Mass., Baltimore and Philadelphia. The New York investment manager is buying the portfolio from Brookfield Asset Management Inc. The deal ...