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Thorofare Capital has provided a $24.7 million loan against Corner 2nd, a recently constructed apartment property with 71 units in the Northern Liberties area of Philadelphia. The property, at 1112 North Second St., was developed by Palladium Group of Philadelphia. ...
Philadelphia Business Journal Shorenstein Realty Investors Eleven LP is trying to renegotiate the terms of the $222.9 million loan against the 1 million-square-foot office building at 1818 Market St. in downtown, or Center City, Philadelphia. The loan, securitized through BSST ...
REBusiness Online Lecangs has signed a 504,000-square-foot industrial lease in Whitehall, Pa., in the state's Lehigh Valley area. It is unclear when the third-party logistics provider will move into the property at 3585 South Church St. The property, commonly referred ...
The Morning Call Prologis has paid $60.2 million, or $133.78/sf, for the Cubes at Airport Road Distribution Center, a 450,000-square-foot warehouse in East Allen, Pa. The industrial property, at 7378 Airport Road, was sold by CRG of Clayton, Mo., which ...
Commercial Real Estate Direct Staff Report The Hilton Garden Inn in the Philadelphia suburb of Fort Washington, Pa., has sold for $11.05 million, or $75,685/room, resulting in a $7.75 million loss to the CMBS trust that had held a $15.08 ...
Pittsburgh Post-Gazette Grocery chain Giant Eagle has signed a lease for 107,033 square feet of office space at Cranberry Woods Business Park in the Pittsburgh suburb of Cranberry Township, Pa. The company will occupy the entire building at 700 Cranberry ...
WFMZ.com LS Property Investments has paid $17.8 million, or $175.11/sf, for the Dorneyville Shopping Center, a 101,651-square-foot retail property in Allentown, Pa. The Westport, Conn., investor bought the property, at 3227 Hamilton Blvd., from Joshi Hotel Group of Allentown. Marcus ...
A venture of FLD Group of Eatontown, N.J., and the Adjmi family of New York purchased the four-building complex from Tishman Speyer of New York, which had owned it since 2004 and recently had received township approval for the redevelopment. CBRE represented ...
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