The Most Comprehensive Source for Commercial Real Estate News in the Region 

Steelton, PA — SCOPE Commercial Real Estate Services, LLC (SCOPE), a middle-market multifamily investment sales firm, announced that it has arranged the $6.25 million sale of Steel Works Apartments, a newly constructed 42-unit multifamily community located in Steelton. SCOPE represented the seller, Integrated Development Partners. The transaction was led by senior director Craig Dunkle and director Mher Vartanian. The $6.25 million sale reflects a 7.48% capitalization rate, o

Keith Cody & Gordon Hough lead landlord representation PHILADELPHIA, PA — Silverstein Properties and Arden Group announced that RSM US LLP has signed a lease agreement to occupy space at 1735 Market St. in Philadelphia. RSM US LLP signed a long-term lease to occupy 22,340 s/f; the entire 21st floor. The firm is relocating its Philadelphia headquarters from 30 South 17th St. The landlord was represented by Keith Cody and Gordon Hough of Silverstein Properties; teams from Newma

Limerick, PA — PPR Capital Management (PPR) announced the addition of Botanica Cottages, a 199-unit multifamily property in Limerick, to its portfolio. The investment is PPR’s first in the Philadelphia metropolitan area. A community with build-to-rent features, Botanica Cottages offers one-, two-, and three-bedroom units located near the Rte. 422 corridor. Each unit includes its own private entrance and attached garage. PPR’s investment in the property is made alongside Bel C

Plaza 73 South Jersey — Vantage Commercial has completed two new retail leases at Plaza 73, making the center reach 100% occupancy. The additions of a nail salon and a kitchen & flooring store bring fresh neighborhood-focused services to the plaza and diversify the daily-use offerings available to local residents. John Doss, senior advisor, and Neil Kakumanu, sales associate, continue to represent the landlord not only at Plaza 73, but across a growing portfolio of retail hol

Next-generation research space anchors University City Innovation Corridor PHILADELPHIA, PA — Drexel University has signed a landmark lease selecting Gattuso Development Partners’ and Vigilant Holdings’ best-in-class life science development, 3201 Cuthbert St., as the future home for its medical research and laboratory operations. The long-term lease agreement, which encompasses four floors totaling 150,741 s/f, marks a transformative step that will bring the entirety of res

The firm expands real estate management portfolio with two high‑profile properties PHILADELPHIA, PA — Colliers, a leading diversified professional services and investment management company, has been appointed to manage nearly one million s/f of class A office space in Philadelphia’s Center City. Owned by Intervest Capital Partners, and asset managed by Ridgebrook Partners, the two class A properties further expand Colliers’ property management portfolio, underscoring the str

JLL Capital Markets team brokers sale of 1,000,000 s/f warehouse/distribution center Radnor, PA — An affiliate of Endurance Real Estate Group, LLC (Endurance) and Boston-based Cabot Properties (Cabot), an investor, developer, and operator of logistics properties throughout the United States, Europe, and Asia Pacific, are pleased to announce the disposition of the Scranton North Logistics Center, a 1,000,000 s/f warehouse/distribution center located at 1300 Corporate Way in Ol

Philadelphia breaks ground on ten-block transformation in Center City PHILADELPHIA, PA — A bold, art-inspired transformation of Center City officially began as Avenue of the Arts, Inc. (AAI) broke ground on AveArts 2.0, a $150 million, decade-long initiative to reimagine the Avenue of the Arts (aka South Broad Street) as a world-class cultural boulevard and green civic destination. The project will unfold block by block over ten years, reshaping the one-mile stretch from City