Commercial Real Estate Direct Staff Report The 1.76 million-square-foot office property at 1500 Market St. in Center City, or downtown, Philadelphia, has been appraised at a value of $401.2 million. That's down 21 percent from the $509.4 million value pegged ...
Commercial Real Estate Staff Report The $140 million senior loan against the Deptford Mall, a 1 million-square-foot enclosed shopping mall in Deptford, N.J., has been transferred to special servicing. The transfer was highlighted this afternoon in a TreppWire report. The ...
Dwight Mortgage Trust has provided a $26 million bridge loan against the recently completed second phase of the Mi-Place at West Rancocas apartment property in the Philadelphia suburb of Mount Holly, N.J. The second phase is comprised of 108 units ...
Commercial Real Estate Direct Staff Report State Farm Life Insurance Co. has provided $50 million of mortgage financing against the second phase of the Logan North Industrial Park, a 3.2 million-square-foot project in southern New Jersey's Logan Township. The industrial ...
REBusiness Online Saxum Real Estate has secured $77.5 million of financing for the construction of a 466-unit apartment property at 81-95 Fairmount Ave. in Philadelphia's Northern Liberties section. JLL Capital Markets arranged the loan through an undisclosed life insurance company. ...
Philadelphia Business Journal A venture of Abrams Realty & Development and Lazgor Co. has sold the View at Marlton, a 91,000-square-foot retail property in the Philadelphia suburb of Marlton, N.J., for $36.5 million, or about $401/sf. Paramount Realty Services bought ...
Commercial Real Estate Direct Staff Report Agree Realty Corp. has paid $27 million, or just more than $414/sf, for the 65,155-square-foot Whole Foods Market store at the Plymouth Meeting Mall in the Philadelphia suburb of Plymouth Meeting, Pa. The Bloomfield ...
NJBiz Glendale Warehouse and Distribution Corp. has paid $83 million, or $240/sf, for the 345,600-square-foot warehouse at 2575 State Route 206 in Eastampton, N.J., about 30 miles northeast of Philadelphia. The Edison, N.J., company, a provider of warehousing services for ...
Real Estate Weekly A venture of Jefferson Apartment Group and CP Capital has purchased a 14-acre development site in the Philadelphia suburb of Fort Washington, Pa., on which it plans to build a 310-unit apartment property. The price that Jefferson, ...
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