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6 industrial properties trade for combined $21M as value along I-95 has 'skyrocketed'
News 3 months ago
6 industrial properties trade for combined $21M as value along I-95 has 'skyrocketed'

Six industrial properties along I-95 in Delaware County have traded in separate transactions as investors continue to purchase older properties...

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Dechert takes space at Mellon Bank Center
News 3 months ago
Dechert takes space at Mellon Bank Center

Dechert, a prominent Philadelphia law firm that is in the middle of conducting a search for new offices, has signed a lease for a modest amount of...

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Cool Offices: Houwzer's spot at the Drexel Building feels like home
News 3 months ago
Cool Offices: Houwzer's spot at the Drexel Building feels like home

Houwzer's office is not a botanical garden, though it probably could be. Housed on the third floor (and part of the fifth floor) of The Drexel...

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Keystone Property Group puts One Plymouth, Westlakes up for sale
News 4 months ago
Keystone Property Group puts One Plymouth, Westlakes up for sale

Keystone Property Group has put up for sale two of its suburban office properties as part of a process to routinely trim its holdings. Westlakes...

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Fine Print: Roxborough building sells; projects receive construction loans
News 4 months ago
Fine Print: Roxborough building sells; projects receive construction loans

A rundown of recent real estate deals from across the region: Capital One arranged a $61.25 million, Fannie Mae, fixed-rate loan for Galman Group...

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Retail Reckoning: Vacancies along Rittenhouse's shopping corridor point to changes ahead
News 4 months ago
Retail Reckoning: Vacancies along Rittenhouse's shopping corridor point to changes ahead

On a warm Friday afternoon in late January, workers were hauling white shelving and racks out of what had been American Eagle Outfitters on...

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131,000-square-foot self-storage facility planned for Germantown
News 4 months ago
131,000-square-foot self-storage facility planned for Germantown

A 131,700-square-foot self-storage facility is in the works in the city's Germantown neighborhood. The six-story Life Storage building is being...

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Independence Blue Cross tower at 1901 Market St. comes up for sale
News 4 months ago
Independence Blue Cross tower at 1901 Market St. comes up for sale

Piedmont Office Realty Trust Inc. has put 1901 Market St. up for sale. Estimates have the Center City office building, which houses the...

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What's behind closures at Bourse Food Hall? The project's owner, vendors have different opinions
News 4 months ago
What's behind closures at Bourse Food Hall? The project's owner, vendors have different opinions

When local chef and businesswoman Anney Thomas opened her South Indian food concept Chaat and Chai in 2015 on 16th Street and Snyder Avenue, it...

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21-building portfolio sells in up-and-coming South Jersey submarket
News 4 months ago
21-building portfolio sells in up-and-coming South Jersey submarket

Blue Bell-based real estate firm Industrial Investments Inc. picked up a 21-building portfolio in South Jersey for $16.05 million last week, as it...

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Why Templeton Foundation is staying put in West Conshohocken after flirting with a move
News 4 months ago
Why Templeton Foundation is staying put in West Conshohocken after flirting with a move

The John Templeton Foundation has committed to keep its headquarters in 300 Four Falls in West Conshohocken but has significantly reduced the...

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Distribution center being developed on speculation secures $111M loan
News 4 months ago
Distribution center being developed on speculation secures $111M loan

The developer of a two-building, 1.46-million-square-foot distribution complex that is being developed on speculation in the Lehigh Valley has...

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Vacant industrial building in Northeast Philadelphia sells for $25.6M
News 4 months ago
Vacant industrial building in Northeast Philadelphia sells for $25.6M

A newly constructed 207,500-square-foot distribution center that was built on land the Philadelphia Industrial Development Corp. sold for $2.18...

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Conshohocken's $325M Sora West project marks development milestone
News 4 months ago
Conshohocken's $325M Sora West project marks development milestone

Sora West, a $325 million mixed-use project that is redefining Conshohocken's skyline, topped out last week, marking a major milestone for the...

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Get a sneak peek inside Main Line Health's $64M King of Prussia Health Center
News 4 months ago
Get a sneak peek inside Main Line Health's $64M King of Prussia Health Center

Main Line Health is set to unveil its sixth ambulatory care center in the Philadelphia suburbs when its King of Prussia Health Center opens March 9...

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