State: Pennsylvania - PA

Philadelphia Business Journal E. Kahn Development has paid $17 million, or $52.63/sf, for the Robert A. DiStefano Technology Center, a 323,000-square-foot office complex in Wayne, Pa. The Malvern, Pa., developer acquired the two-building property from Vanguard Group, also of Malvern. ...

CMBS loans against office properties in just five of the country's 387 metropolitan statistical areas account for a little more than one-third of all CMBS office delinquencies.

Philadelphia Business Journal Harbert Management Corp. has lined up $40 million of financing against the Cogir of Glen Mills, a 173-unit seniors-housing community in Glen Mills, Pa., a suburb of Philadelphia. An undisclosed regional bank provided the five-year loan, which ...

Commercial Real Estate Direct Staff Report The proposed sale of the 1.76 million-square-foot 1500 Market St. office building in Philadelphia is back on. A district court judge late last month denied a motion to block the 37-story building's sale to a ...

Pittsburgh Business Times A portfolio of three office buildings totaling 351,000 square feet at the Parkway Center development in Pittsburgh is headed to the auction block through the TenX online platform. JLL is overseeing the offering, which consists of the ...

Philadelphia Business Journal A venture of Namdar Realty Group, Mason Asset Management, and CH Capital Group is under contract to purchase the Willow Grove Park Mall in Willow Grove, Pa. The New York-based buyers are buying the property from PREIT ...

Philadelphia Business Journal Zamir Equities is offering for sale a three-building office portfolio in Philadelphia's Southern New Jersey suburbs totaling more than 315,000 square feet. The New York investor has hired Marcus & Millichap to market the properties, and they ...

Post Brothers is offering for sale the 285-unit Poplar and 212-unit Darien apartment properties in Philadelphia's Poplar neighborhood, just north of the city's downtown, or Center City, area. The local developer has tapped Newmark to market the properties for sale. ...