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January 9, 2001 WEST CONSHOHOCKEN, Pa. – Keystone Property Trust (NYSE:KTR) has sold One Apollo Drive, a 158,000-square-foot office/warehouse in Glens Falls, N.Y., to The Herrick Co. for $12.4 million.The property is leased to Niagra Mohawk until December 2013.Keystone used ...
December 26, 2000 Retailer may build HQ's in Parkway West areaPittsburgh Business Times, December 26FINDLAY TOWNSHIP, PA. – Dicks Clothing & Sporting Goods Inc. is thinking about constructing a new headquarters. The big-box retailer may build a 150,000-sqare-foot building in ...
December 22, 2000Pittsburgh hotel to undergo $10 Mln renovationPRNewswire, December 22 The DoubleTree Pittsburgh Hotel will undergo a $10 million renovation program in early 2001. The 618-room hotel is located in Liberty Center, a 504,000-sf, mixed-use office development. Also, The ...
December 15, 2000 DaimlerChrysler Capital Services has provided $25.5 million in acquisition financing for two Class-B office properties, totaling 220,000 square feet, in Newtown and Paoli, Pa. Terms of the transaction were not disclosed.First Evergreen Group of Roseland, N.J., purchased ...
December 12, 2000 Commercial Real Estate Direct Staff ReportAn affiliate of The Rubenstein Co. has lined up a $47 million fixed-rate mortgage to refinance Plymouth Meeting Executive Campus, a 360,250-square-foot office property in the Philadelphia suburb of Plymouth Meeting.Rubenstein is ...
December 4, 2000 Commercial Real Estate Direct Staff ReportPNC Bank has recovered $5.5 million, or 77 percent of unpaid balance, for a subperforming mortgage on a Scranton, Pa.-area hotel.The bank had hired JBS & Associates of Chicago two months ago ...
December 4, 2000 PHILADELPHIA – A team of Denholtz Associates and the Zaro Group has completed its $50 million, or $105.50/sf, purchase of 1800 and 1880 JFK Blvd. in Philadelphia.The acquisition of the two 20-story buildings, totaling 474,000 square feet, ...
The apartments are located along the Bustleton Avenue and Glendale Avenue area in NE Philadelphia.
Things are starting to fall into place for the 1.1 million-sf facility, which is still being renovated. A financing package is imminent.
Loan quotes on the historic one-square-block building have been sought by the ownership partnership, but a sale is still considered the more likely scenario.
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© 2023 Commercial Real Estate Direct All rights reserved..