Posted on 2/25/21
View Smart Windows Selected for 3.0 University Place, a Best-in-class Life Science Project in Philadelphia
View, the market leader in smart glass, announced that its smart windows will be installed at 3.0 University Place, the 250,000-square-foot commercial lab and office building . . .
Posted on 2/25/21
Ancero Announces Relocation to New Mount Laurel Headquarters
Ancero, a leading full-service IT provider specializing in cloud solutions and managed IT services, is excited to announce the company's relocation to a modern, open professional . . .
Posted on 2/25/21
Volvo Construction Equipment to Invest $4.3 Million in North American Training Facility
SHIPPENSBURG, Pa.--(BUSINESS WIRE)--Volvo Construction Equipment is making a major investment in technical training facilities and programs with the addition of a $4.3 million training center in Shippensburg, . . .
Posted on 2/25/21
St. John Properties Signs 50,800 Square Foot Lease in Frederick
St. John Properties, Inc. has signed a 50,800 square foot lease with a Fortune 50 company at 4735 Arcadia Drive, a 112,000 square foot high-bay warehouse . . .
Posted on 2/24/21
CBRE Arranges Sale Of World-Class Life Sciences HQ Building In Florham Park, NJ For $46.6M
CBRE is pleased to announce that Jeffrey Dunne, Jeremy Neuer, Steve Bardsley, David Gavin, Gene Pride, Travis Langer and Zach McHale of CBRE’s Institutional Properties group, . . .
Posted on 2/24/21
JLL Income Property Trust Acquires Premier New Jersey Life Sciences Facility
JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $3.5 billion in portfolio assets and 85 properties, . . .
Posted on 2/24/21
Gannett Co. Inks 24,195 SF Sublease At 1675 Broadway
Demonstrating another example of tenants taking advantage of prime sublease space, Gannett Co., Inc. has inked a 24,195-sq.-ft. office sublease at 1675 Broadway. This is the . . .
Posted on 2/24/21
SG Blocks Executes Contract to Acquire 19 Acre Echo Site, an Additional 350,000 SF Over Multiple Structures
The site will yield an excess of 350,000 square feet of new manufacturing space.SG Echo Factory site in Durant, OklahomaSG Blocks, Inc. (NASDAQ: SGBX), a leading . . .
Posted on 2/24/21
Hertz Herson Signs Full Floor Lease at 575 Lexington Avenue
Prominent Accounting Firm Relocating to Prestigious Midtown Office Tower The ownership of 575 Lexington Avenue, led by George Comfort & Sons, announced today that Hertz Herson . . .
Posted on 2/24/21
Ayr Wellness Announces Opening of Second Dispensary in Pennsylvania
TORONTO, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Ayr Wellness (CSE: AYR.A, OTCQX: AYRWF), a leading vertically integrated cannabis multi-state operator, announced the opening of its second . . .
Posted on 2/24/21
Morgan Properties and Olayan America Acquire Massive 14,414-Unit Portfolio for $1.75 Billion
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Morgan Properties, the nation's largest private multifamily owner, announced today it has acquired, in partnership with Olayan America, a portfolio of 48 . . .
Posted on 2/23/21
Construction for a New Cold Storage Facility Financed for $34M
JLL Capital Markets arranged the loan for the development of the build-to-suit refrigerated warehouse on the border of Elizabeth and Newark, New JerseyJLL Capital Markets announced . . .
Posted on 2/23/21
MRA Group Recapitalizes Spring House Innovation Park
MRA Group, a leading real estate solutions firm and developer of life sciences and health care real estate in the mid-Atlantic region, announced it has formed . . .
Posted on 2/23/21
CBRE Appointed Exclusive Leasing Agent For One Million SF Project At Port Logistics Center At Logan
CBRE announced today it has been appointed the exclusive leasing agent for Port Logistics Center at Logan, Building A,a 1,028,530 sq. ft. speculative project located in . . .
Posted on 2/23/21
AC Power and Citrine Power Partner on a 4.3 MW Solar Land Lease in NJ
Following a competitive bid process, Green Township in New Jersey has awarded a solar ground lease to developers AC Power, LLC and Citrine Power, LLC who . . .
Posted on 2/23/21
Lee & Associates Of Eastern Pennsylvania Brokers Sale Of Two-Building Portfolio In Susquehanna Township To CRH Catering
Lee & Associates of Eastern Pennsylvania, a fully-integrated commercial real estate brokerage and management firm, has brokered the sale of a two-building portfolio in Susquehanna Township, . . .
Posted on 2/23/21
JLL Completes 7,000 SF Lease at 500 North Franklin Turnpike in Ramsey, NJ
JLL has completed a 7,000-square-foot lease at 500 North Franklin Turnpike, a 141,000-square-foot Class-A office building in Ramsey, New Jersey, on behalf of property owner Highstone . . .
Posted on 2/23/21
2021 Home Prices Pick Up Right Where 2020 Left Off, Radian Home Price Index Reports
After an historic 2020, the first month of 2021 weakened—albeit just slightly. According to Radian Home Price Index (HPI) data released today by Red Bell Real . . .
Posted on 2/23/21
Senior Portfolio Manager, Dennis Sherry, Joins Avison Young’s New Jersey Office
Jeff Heller, Managing Director and Principal for Avison Young New Jersey, announced that Senior Portfolio Manager
Posted on 2/23/21
Green JobWorks, After Hiring More Than 300 New Employees Since 2019, Expands With St. John Properties At Arundel Overlook
Construction and staffing company occupies space at 921 and 961 Mercantile DriveGreen JobWorks, LLC has expanded its lease with St. John Properties, Inc. at Arundel Overlook . . .
Posted on 2/23/21
CBRE Represents Auto Lenders in $55 Million Corporate Sale-Leaseback Portfolio Across NJ & PA
CBRE announced today that its Mid-Atlantic Net Lease Property team closed a 10-property corporate sale-leaseback of Auto Lenders’ owned real estate in Pennsylvania and New Jersey. . . .
Posted on 2/23/21
First National Realty Partners Completes the Acquisition of a Single Tenant
First National Realty Partners (FNRP) is pleased to announce the acquisition of a single tenant, Pick 'N Save (Kroger) Grocery Store located at 640 East Main . . .
Posted on 2/22/21
Dealpath’s Mike Sroka To Speak At IMN Real Estate CFO & COO Virtual Forum On February 24
Dealpath CEO & Co-Founder to Speak on COO Roundtable on Managing People, Processes, Technology and New Operational Risks Dealpath, the leading software solution for real estate . . .
Posted on 2/22/21
Higher Levels of Liquidity Improve Commercial Real Estate Lending Momentum at Year-End
Higher levels of liquidity, tighter credit spreads and a modest loosening of underwriting standards contributed to a sharp improvement in commercial real estate lending momentum in . . .
Posted on 2/22/21
SL Green Sells 25 Percent Stake in Tower 46
Fried Frank acted as counsel to SL Green Realty Corp. in connection with the sale of its 25 percent stake in Tower 46 to Brookfield Asset . . .
Philadelphia
