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‘The next chapter in the evolution of the open workplace’
News 19 hours ago
‘The next chapter in the evolution of the open workplace’

Editor's note: This story is available as a result of a content partnership with The New York Times. Subscribers will see stories like this every...

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M&T Bank closing almost half of its local branches
News 1 day ago
M&T Bank closing almost half of its local branches

Almost two decades after entering the Philadelphia market and completing three acquisitions, Buffalo's M&T Bank has just a little more than 1% of...

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South Jersey shopping plaza sells for $2.2 million
News 1 day ago
South Jersey shopping plaza sells for $2.2 million

A shopping plaza in Gloucester Township has sold for roughly $2.22 million. Public records show the Town Square Plaza at 475 Cross Keys Rd. — which...

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Maker of Hatfield meats considers expansion project
News 2 days ago
Maker of Hatfield meats considers expansion project

Clemens Food Group is considering constructing a 308,000-square-foot building on 32 acres in Hatfield to expand its local operations. The company...

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Center City Philadelphia's 123 S. Broad chips away at vacancies
News 2 days ago
Center City Philadelphia's 123 S. Broad chips away at vacancies

Beleaguered by two big tenant defections, 123 S. Broad St. in Center City is chipping away at its vacancies. The 30-story building totaling 725,000...

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Space housing Wawa in Philadelphia's historic district sold
News 4 days ago
Space housing Wawa in Philadelphia's historic district sold

Agree Realty Corp. has paid $15 million to purchase the space housing Wawa's 11,500-square-foot flagship store in the Public Ledger building...

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Report: Industrial developers propose 610K square-foot warehouse in Westampton
News 4 days ago
Report: Industrial developers propose 610K square-foot warehouse in Westampton

An industrial developer is proposing to build a 610,000 square-foot warehouse on vacant but increasingly in-demand land near the NJ Turnpike and I...

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Republic Bank's NYC branch is a comeback story for billionaire founder Vernon Hill
News 4 days ago
Republic Bank's NYC branch is a comeback story for billionaire founder Vernon Hill

TD Bank "degraded the whole business," Vernon Hill said of its actions after buying the company he created, Commerce Bancorp....

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Teva Pharmaceutics USA acquires three buildings for an R&D campus in West Chester
News 4 days ago
Teva Pharmaceutics USA acquires three buildings for an R&D campus in West Chester

Teva Pharmaceuticals USA bought three buildings in West Chester this week that - together with three other adjacent buildings it already owns -...

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The 5 biggest leases in South Jersey in the second quarter of 2019
News 4 days ago
The 5 biggest leases in South Jersey in the second quarter of 2019

South Jersey’s commercial real estate market showed strong activity in Q2, with most key metrics steadily improving — and Q3 and Q4 look even...

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Fine Print: Glanzmann Subaru moves HQ, FXI leases space on Main Line
News 5 days ago
Fine Print: Glanzmann Subaru moves HQ, FXI leases space on Main Line

Glanzmann Subaru paid $11.1 million for a 122,000-square-foot big-box retail building on 18.5 acres at 1001 S. York Road in Hatboro. The seller was...

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Sonder adds pair of Center City properties to its portfolio
News 6 days ago
Sonder adds pair of Center City properties to its portfolio

Sonder, a San Francisco company that is taking on Airbnb and traditional hotels, has leased two more buildings in Center City, bringing the total...

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Pattison Place proposal, near stadiums, gets a new look
News 6 days ago
Pattison Place proposal, near stadiums, gets a new look

An office tower coming to Philadelphia’s sports stadium complex is boasting an updated look, according to renderings shared with the city’s Art...

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Ricoh USA cuts office space by more than half, relocates HQ
News 6 days ago
Ricoh USA cuts office space by more than half, relocates HQ

Ricoh USA Inc. has slashed the amount of office space it occupies by more than half and is relocating its headquarters to Exton from its long-term...

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Cities and builders face ‘hornet’s nest’ to meet affordable housing needs
News 1 week ago
Cities and builders face ‘hornet’s nest’ to meet affordable housing needs

Using government subsidies, tax credits and zoning changes, city leaders are encouraging builders to incorporate affordable housing into mixed-use...

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Another newly constructed Royal Farms in South Jersey sells for $6.4 million
News 1 week ago
Another newly constructed Royal Farms in South Jersey sells for $6.4 million

Moreland Development purchased the land from Voorhees Township in 2018 for $2.2 million....

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Gensler designs new tower for Morgan Lewis. See what it will look like.
News 1 week ago
Gensler designs new tower for Morgan Lewis. See what it will look like.

Gensler is the architect of the proposed new office tower that Morgan Lewis Bockius is considering for its new headquarters in Philadelphia. The...

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WSFS donates 11 undeveloped acres in Marlton to Habitat for Humanity
News 1 week ago
WSFS donates 11 undeveloped acres in Marlton to Habitat for Humanity

As part of the property transfer, Wilmington-based WSFS (NASDAQ: WSFS) is also providing the organization with a $300,000 in-kind contribution....

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Months after losing its practice leader, Obermayer Rebmann reels in Bucks land use partner
News 1 week ago
Months after losing its practice leader, Obermayer Rebmann reels in Bucks land use partner

Kellie McGowan will lead the firm’s suburban real estate team, bringing with her clients such as Univest Bank, Gorski Engineering, Airgas and...

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Portion of Frankford Chocolate Factory property sold
News 1 week ago
Portion of Frankford Chocolate Factory property sold

After last year paying $15.5 million for the Frankford Chocolate Factory at 2101 Washington Ave., OCF Realty has sold a portion of the site for $11...

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Morgan Properties buys Exton apartment complex for $82 milllion
News 1 week ago
Morgan Properties buys Exton apartment complex for $82 milllion

The King of Prussia real estate company is bullish on the Philadelphia suburbs. Morgan Properties buys Exton apartment complex for $82 milllion

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Toll Brothers to build new residential community in Horsham
News 1 week ago
Toll Brothers to build new residential community in Horsham

A real estate partnership that bought the Limekiln Golf Club in Horsham has received approvals for a 496-unit residential development on the...

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Chubb, courted by developers, considers new Center City office tower
News 1 week ago
Chubb, courted by developers, considers new Center City office tower

Parkway Corp. and Brandywine Realty Trust are chasing Chubb, the giant insurance company, as a tenant to kick off a new office tower. Chubb now has...

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Cira Centre changed Phila. landscape, faces uncertainty as major tenants mull leaving
News 1 week ago
Cira Centre changed Phila. landscape, faces uncertainty as major tenants mull leaving

Cira Centre is in a state of flux. The cube-like, 29-story tower, designed by famed Argentine-American architect Cesar Pelli and built atop...

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Collingswood apartments sell for $6 million
News 1 week ago
Collingswood apartments sell for $6 million

The longtime owners, based in Rochester, N.Y., sold the complex to a Lakewood company. Collingswood apartments sell for $6 million

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In Montgomery County, a former student turns his old school into condos, calls it Stoneschool
News 1 week ago
In Montgomery County, a former student turns his old school into condos, calls it Stoneschool

A developer bought an old school and decided it was fit for residential conversion....

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Liberty Property sells Center City office building
News 2 weeks ago
Liberty Property sells Center City office building

The company developed the structure for the University of Pennsylvania Health System. Liberty Property sells Center City office building

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South Jersey apartment complex sells for $36 million
News 2 weeks ago
South Jersey apartment complex sells for $36 million

A 483-unit apartment complex in South Jersey has sold for $36 million. According to property records, the Chalet Gardens Apartments at 320 W....

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King of Prussia apartment complex sells at the Village at Valley Forge
News 2 weeks ago
King of Prussia apartment complex sells at the Village at Valley Forge

Developers continue to work on multifamily projects throughout the suburbs. King of Prussia apartment complex sells at the Village at Valley Forge

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Korman brings Ave apartment concept to Blue Bell
News 2 weeks ago
Korman brings Ave apartment concept to Blue Bell

At the same time Korman Communities is trying to sell two of its Ave properties, the real estate company is expanding its extended-stay apartment...

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