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Fine Print: Bucks shopping center sells, Mitchell International renews in Wayne
News 1 day ago
Fine Print: Bucks shopping center sells, Mitchell International renews in Wayne

Brixmor Property Group sold Bensalem Square, a 70,378-square-foot grocery-anchored retail center in Bensalem for $8.69 million. LS Property...

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Viewpoint: The silver lining for Center City office tenants
News 1 day ago
Viewpoint: The silver lining for Center City office tenants

In the early 2000s Center City was a tenant’s dream. There was close to 4 million square feet of vacancy in the trophy market alone and landlords...

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A Rocky statue made of candy? Find it at one of the new Fashion District's popups (Photos)
News 1 day ago
A Rocky statue made of candy? Find it at one of the new Fashion District's popups (Photos)

Candytopia is one of the popup tenants that is part of the newly redeveloped Fashion District Philadelphia that opened Thursday in Center City....

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Burlington Stores and Destination Maternity: One retailer struggles while the other thrives
News 2 days ago
Burlington Stores and Destination Maternity: One retailer struggles while the other thrives

As a struggling Destination Maternity Corp., which sells clothes to pregnant women, continues to report millions of dollars in losses, Burlington...

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Fitler Club adds coworking space, another coworking space nears capacity
News 2 days ago
Fitler Club adds coworking space, another coworking space nears capacity

The same week WeWork decided to postpone its initial public offering putting into question the voracity of the concept, a new coworking space has...

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Toll Brothers getting out of two country clubs in Raleigh, Durham area
News 3 days ago
Toll Brothers getting out of two country clubs in Raleigh, Durham area

After decades of building its presence in the Triangle area of North Carolina, homebuilding giant Toll Brothers Inc. is planning a major sale of...

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Boston company unveils plans for 29 acres in Upper Merion
News 3 days ago
Boston company unveils plans for 29 acres in Upper Merion

An affiliate of Novaya Real Estate Ventures has acquired the former Johnson Matthey Inc. chemical plant on River Road in Upper Merion and plans to...

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Flush that! New plumbing code expected to cut construction costs by 20%
News 3 days ago
Flush that! New plumbing code expected to cut construction costs by 20%

Mayor Jim Kenney's administration took a victory lap with developers and labor unions Tuesday afternoon to celebrate a seemingly esoteric policy:...

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CMBS loan backed by CMBS loan backed by Philadelphia Mills extended
News 4 days ago
CMBS loan backed by CMBS loan backed by Philadelphia Mills extended

A CMBS loan totaling $290 million that is backed by Franklin Mills, a 1.58-million-square-foot mall in Philadelphia, has been extended for five...

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Woods Services launches evaluation of 300-acre Langhorne campus
News 4 days ago
Woods Services launches evaluation of 300-acre Langhorne campus

Woods Services, a 106-year-old institution that cares for children and adults with intellectual and developmental disabilities, is undertaking a...

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WeWork postpones IPO after chilly response from investors
News 4 days ago
WeWork postpones IPO after chilly response from investors

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

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PREIT's CFO McCadden to depart
News 5 days ago
PREIT's CFO McCadden to depart

Pennsylvania Real Estate Investment Trust's chief financial officer's employment has been terminated without cause effective Dec. 31, according to...

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Temple University opens $175M library of the future (Photos)
News 5 days ago
Temple University opens $175M library of the future (Photos)

As much as the design of Temple University's new $175.8 million, 220,000-square-foot Charles Library is impressive, so too is its automated book...

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Elkins Estate sold to Landmark Developers
News 5 days ago
Elkins Estate sold to Landmark Developers

The historic Elkins Estate in Elkins Park, which totals 64,000 square feet in a main Horace Trumbaur-designed building and several ancillary...

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King of Prussia engineering firm expands to D.C. with latest acquisition
News 5 days ago
King of Prussia engineering firm expands to D.C. with latest acquisition

Bala Consulting Engineers Inc. has acquired Meta Engineers, a Northern Virginia firm that gives it an entree into the Washington D. C. market. The...

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Michael Dorf talks about City Winery in Philadelphia
News 1 week ago
Michael Dorf talks about City Winery in Philadelphia

Michael Dorf, who came up with the City Winery concept, is ready for the Philadelphia debut of his new two-story, 30,000-square-foot restaurant...

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Matt Garfield gives gift to Walnut Street Theatre
News 1 week ago
Matt Garfield gives gift to Walnut Street Theatre

The Walnut Street Theatre received a $3 million gift to put toward its $39 million expansion project that is scheduled to break ground next spring....

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Fine Print: Health-care group renews, Bok gets tenant, $32M for Lower Providence property
News 1 week ago
Fine Print: Health-care group renews, Bok gets tenant, $32M for Lower Providence property

Philadelphia Fight, a health-care organization that provides services to people with HIV/AIDS, renewed its 27,000-square-foot lease for seven years...

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Villanova completes $225M project, moves to 10-year plan (Gallery)
News 1 week ago
Villanova completes $225M project, moves to 10-year plan (Gallery)

Not unlike its peer institutions, real estate development is top of mind to stay competitive....

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Tax incentives lure railroad equipment company from N.J. to Tennessee
News 1 week ago
Tax incentives lure railroad equipment company from N.J. to Tennessee

Railroad equipment maker Pandrol USA is set to vacate roughly 72,000 square feet of warehouse space in South Jersey after economic development...

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N.Y.-based pharmacy that delivers leases space on Walnut St.
News 1 week ago
N.Y.-based pharmacy that delivers leases space on Walnut St.

Medly Pharmacy, which bills itself as a full-service, digital pharmacy that delivers prescription medications for free, has leased space at 1222...

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Dranoff's newest development on South Broad marks construction milestone
News 1 week ago
Dranoff's newest development on South Broad marks construction milestone

Dranoff Properties' $253 million Arthaus condominium development on South Broad Street in Philadelphia marked a construction milestone with the...

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New York investment firm buys closed 13.5-acre Rotem plant
News 1 week ago
New York investment firm buys closed 13.5-acre Rotem plant

The new owner plans a multimillion-dollar redevelopment to market it as a last-mile distribution center....

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Comcast Technology Center wins global ULI award
News 1 week ago
Comcast Technology Center wins global ULI award

Comcast Technology Center was a recipient of this year's Urban Land Institute's annual Global Awards for Excellence, which is considered one of the...

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Wendy's locations in South Jersey sell for $8.2M
News 1 week ago
Wendy's locations in South Jersey sell for $8.2M

A restaurant and hospitality group that owns scores of franchises in the region has sold at least four of its Wendy’s locations in South Jersey in...

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Abrams plans indoor 'farming' in former Lannett building in Northeast Philadelphia
News 1 week ago
Abrams plans indoor 'farming' in former Lannett building in Northeast Philadelphia

Lannett Co. Inc. has sold another one of its buildings in Northeast Philadelphia as part of its paring down of local real estate holdings as it...

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Firebirds Wood Fired Grill steakhouse chain opening Montgomery County location
News 2 weeks ago
Firebirds Wood Fired Grill steakhouse chain opening Montgomery County location

The Philadelphia area will get another Firebirds Wood Fired Grill. Firebirds Wood Fired Grill, an American steakhouse chain, will open its doors at...

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Industrial and Office Parks in the Philadelphia Region
News 2 weeks ago
Industrial and Office Parks in the Philadelphia Region

Property representative did not respond to our survey inquiries by deadline. Used data as reported on prior lists....

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Comcast unveils new 150,000-square-foot support center in Delaware (Photos)
News 2 weeks ago
Comcast unveils new 150,000-square-foot support center in Delaware (Photos)

When Comcast executives found a vacant building tucked into a wooded corporate center in Newark, Delaware, two years ago, they saw a diamond in the...

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Oliver Tyrone Pulver in 'final stages' of Seven Tower Bridge in Conshohocken
News 2 weeks ago
Oliver Tyrone Pulver in 'final stages' of Seven Tower Bridge in Conshohocken

While it's publicly unknown if Hamilton Lane, an investment firm with its local operations in Bala Cynwyd, has wrapped up a deal to lease space at...

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