State: Pennsylvania - PA

REBusiness Online Turio Residential Co. has paid $24.5 million, or $257,894/unit, for the 95-unit apartment property at 1600 Callowhill St. in the Logan Square neighborhood of Philadelphia. The Philadelphia investor acquired the property from Ivy Realty of Montvale, N.J., in ...

Philadelphia Business Journal Stalwart Equities has paid $21 million, or $161.54/sf, for the 130,000-square-foot office building at 13000 Townsend Road in Northeast Philadelphia. The Brooklyn, N.Y., investor acquired the property from Acore Capital of Dallas, which had bought it in ...

Barings has provided $71.85 million of mortgage financing against the 247-unit Park at SouthSide Works apartment building in Pittsburgh. The loan, arranged by Newmark, allowed the property's developer, SomeraRoad Inc. of New York, to retire $71 million of financing that ...

Philadelphia Business Journal Performance Team has leased the entire 1.2 million-square-foot Box Park Logistics Center in the Philadelphia suburb of Cinnaminson, N.J. The industrial property, at 995 Taylors Lane, is owned by Logistics Property Co. of Chicago, which was represented ...

More than 31,000 square feet of leases have been signed at the Westlakes office complex in the Philadelphia suburb of Berwyn, Pa., bringing the 447,546-square-foot property to 80% occupancy. The four-building property, at 1000, 1055, 1205, and 1235 Westlakes Drive, ...

Tempus Realty Partners has paid $43.75 million, or $347.26/sf, for the 125,985-square-foot mixed-use property at 1600 Smallman St. in the Strip District of Pittsburgh. The Little Rock, Ark., investor acquired the property from McCaffery Interests of Chicago in a deal arranged ...

Commercial Real Estate Direct Staff Report Gateway Business Park, a 514,047-square-foot office complex in the Philadelphia suburb of Mount Laurel, N.J., hasn't generated enough cash flow to fully service its $46.27 million loan for more than two years. Debt-service payments ...