City: Philadelphia

The 999,828-square-foot 1818 Market St. office building in downtown, or Center City, Philadelphia, has had its appraised value reduced again, to $181 million. It's one of a number of older office buildings in the city to be under stress.

Bisnow Prologis Inc. is looking to sell the 345,000-square-foot industrial property at 4300 South 26th St. in the Navy Yard section of Philadelphia. The San Francisco REIT has tapped JLL to market the property for sale. It was built in ...

Philadelphia Business Journal Berkeley Partners has paid $36.2 million, or $130.62/sf, for the 275,600-square-foot industrial property at 500 University Court in the Philadelphia suburb of Blackwood, N.J. The Oakland, Calif., investor bought the 29-year-old property, which was last renovated in ...

Affinius Capital has provided $132.4 million of financing against the 814,567-square-foot Lower Bucks Logistics Hub in the Philadelphia suburb of Langhorne, Pa. The two-building industrial property, at 1600 and 1620 East Old Lincoln Highway, with frontage along Interstate 295, was ...

Philadelphia Inquirer PMC Property Group has paid $30 million, or $44.92/sf, for the 667,825-square-foot Ten Penn Center office building at 1801 Market St. in Philadelphia. The local investor, which plans to convert at least part of the building into apartments, ...

TF Cornerstone's acquisition of the 954,363-square-foot office component of Philadelphia's famed Wanamaker Building was done through an online auction. The New York developer purchased the property's $62.39 million CMBS loan in June for $25.16 million. The loan was securitized through Natixis ...

Commercial Real Estate Direct Staff Report Sunrise Capital investors has purchased the Bourse Parking Facility, a 453-space parking garage at 400 Ranstead St. in Philadelphia for $25.3 million. The Clearwater, Fla., investment manager, which raises capital from accredited investors through ...