Philadelphia Daily NewsLouis Cicalese, a local developer and co-founder of the Delaware River Development Group, is planning to construct three condominium projects on Philadelphia's waterfront. The first project will be located at the foot of the Benjamin Franklin Bridge. Another ...
Philadelphia Business JournalInvestcorp, a New York real estate firm, acquired four suburban Philadelphia office buildings and one industrial property totaling 638,626 square feet from O'Neill Properties Group of King of Prussia, Pa. The properties sold include Horizon One, a 128,309-sf ...
Commercial Real Estate Direct Staff ReportShorenstein Co.'s investment in Philadelphia's Two Liberty Place, a 1.2 million-square-foot office building, will generate a 16.7 percent compounded return over its three-plus year life.That's what sources say the San Francisco firm has told investors ...
South Florida Business America's Capital Partners has agreed to purchase Two Liberty Place, a 58-story, 1.2 million-square-foot office tower in Philadelphia. Although financial details were not disclosed, one estimate has the property selling for $144 million, nearly $120/sf. In 2002, ...
July 6, 2005 Philadelphia Business Journal (first item)The accounting firm Deloitte has expanded its lease at 1700 Market St. in Philadelphia, where it currently occupies three floors. Deloitte will now lease four floors totaling 120,000 square feet and has options ...
July 6, 2005 Philadelphia Business Journal (second item)Roosevelt Apartments, a 99-unit apartment complex in Philadelphia, is on the sales block. The property's asking price is $10 million and is available for possible condominium conversion. CB Richard Ellis is marketing the ...
July 6, 2005 Philadelphia Business JournalNorthern Star Development Group purchased a two-story, 24,000-square-foot building at 1617 N. 2nd St. in Philadelphia. The new owner plans to redevelop the property into a mixed-use project that will include commercial space, townhouses and ...
July 1, 2005 Philadelphia Business JournalAMC Delancey Group Inc. paid $11 million for the Stoney Creek shopping center in Springfield, Pa., a suburb of Philadelphia. The three-building property consists of 79,668 square feet of retail space and 25,209 sf of ...
June 28, 2005 Lexington Corporate Properties Trust (NYSE:LXP) has formed a venture with Pitcairn Properties Inc. to buy a controlling stake in Six Penn Center, a 322,317-square-foot office building in Philadelphia, for $59 million.The property was put up for sale ...
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