City: Philadelphia

March 13, 2000 The 1.1 million square-foot former headquarters of SmithKline Beecham in Philadelphia, which was to be destroyed to make room for a new downtown stadium, has been purchased by a local developer, Amerimar Enterprises, according to The Philadelphia ...

February 16, 2000 NEW YORK – Julien J. Studley, the 72-year-old chairman and chief executive of the real estate brokerage that bears his name, today named Jacque Ducharme as the firm's new president.Studley, who founded his firm in 1954, expects ...

January 21, 2000 Associated PressPHILADELPHIA – The Philadelphia Museum of Art will receive a $15 million unrestricted gift from its board chairman to purchase the Reliance Standard Life Insurance Co. building, an Art Deco landmark just across Kelly Drive from ...

January 5, 2000 A venture between the Pennsylvania State Employees' Retirement System and Pennsylvania REIT (NYSE:PEI) agreed to pay $140 million for Willow Grove Park, a 981,000-square-foot shopping center in the Philadelphia suburbs that PREIT already managed.The property was sold ...

Four Penn Center, a vacant office building, was purchased by Leggat McCall, which plans to completely renovate the structure.

The Philadelphia investment company is said to be targeting $250 million to $300 million for its third opportunity fund. It has raised $420 million for two previous funds.

The old North American Building has quietly found lucrative new life at the epicenter of the high-tech industry in the city. Owners of similar structures are taking note.

November 17, 1999 By Genaro C. Armas, Associated PressPHILADELPHIA – For more than eight years, the burned-out remains of One Meridian Plaza stood out as an eyesore among Center City's skyscrapers, a bad reminder of a blaze that engulfed the ...