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The spot is a rare piece of open space in the West Market Street office corridor. It was cleared for a tower identical to the 45-story building next door, but the early '90s economy and lawsuits kept it a plot ...
October 4, 2001 POTTSTOWN, Pa. – Mid-Atlantic Realty Trust (NYSE:MRR) has purchased the Pottstown Plaza Shopping center for $10.7 million.The 160,000-square-foot shopping center is anchored by a 57,000-sf Giant Food Supermarket and is about 25 miles northwest of Philadelphia at ...
Fully occupied with 27 tenants and anchored by a Giant Supermarket; sale closed 1/02
The firm plans to use the site as its corporate HQ once deal goes through. Asking price was $100Mln.
September 10, 2001 PHILADELPHIA – Sylvan M. Cohen, who in 1960 founded one of the nation's first REITs, died Saturday at his home in Center City Philadelphia. He was 87.He was chairman of Pennsylvania Real Estate Investment Trust, the Philadelphia-based ...
September 7, 2001 Real estate adviser, brokerage team upThe (Newark) Star-LedgerThe brokerage division of Alexander Summer, one of New Jersey's best-known commercial real estate firms, has merged with CRESA Partners LLC, a national real estate adviser. The unit, which is ...
anchored by a 57,000-sf Giant Food Supermarket
August 29, 2001 NEW YORK – Fitch has upgraded two classes in Commercial Mortgage Acceptance Corp.'s 1996-C2 and affirmed other classes it rates. The $15.6 million class C was upgraded to double-A-plus from double-A, while the $14.8 million class D ...
August 29, 2001 HORSHAM, Pa. – General Growth Properties Inc. (NYSE:GGP) has received $115 million in permanent financing from GMAC Commercial Mortgage for a portfolio of three shopping centers. The 10-year loan carries a 30-year amortization schedule. The properties are: ...
August 27, 2001 KING OF PRUSSIA, Pa. – Principal Capital Management has provided $16 million of permanent financing for the Henderson Square Shopping Center in King of Prussia, a suburb of Philadelphia. Henderson Square LP, controlled by retail developer Kravco ...
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