State: Pennsylvania - PA

The Blue Owl Capital Inc. affiliate that owns a portfolio of net-leased properties, some of which have gone dark as a result of their tenants' bankruptcies, is ponying up additional capital to reduce the leverage level of a $425 million ...

Treetop Cos. has paid $32 million, or $62.09/sf, for the Pittsburgh Logistics Center at 460 Nixon Road in the Pittsburgh suburb of Cheswick, Pa. The 515,411-square-foot industrial property was sold by Maguire Hayden Real Estate Co., which bought it in ...

Site Centers Corp. has struck a deal to sell three of its shopping centers in New Jersey, Ohio, and Pennsylvania to Haverford Retail Partners for $126 million. The properties are well leased and generate an annualized $10.95 million of base ...

Commercial Real Estate Direct Staff Report Wells Fargo Bank and JPMorgan Chase Bank have provided $475 million of mortgage financing against a pair of office/lab buildings in Philadelphia and Pittsburgh owned by a Ventas Inc. venture. The five-year loan is ...

Commercial Real Estate Direct Staff Report The $57.21 million CMBS loan against the 502,217-square-foot 1515 Market St. office building in downtown, or Center City, Philadelphia, has been extended by another two years. The loan, securitized through JPMBB Commercial Mortgage Securities ...

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 ...

PCCP has provided $245.8 million of mortgage financing against a portfolio of eight industrial properties with 2.95 million square feet in Pennsylvania and Florida owned by affiliates of CBRE Investment Management. The Los Angeles alternative lender provided the financing through ...

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 ...