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

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

Partnering with RWJBarnabas Health La Casa de Don Pedro hold ribbon cutting of El Barrio Wellness. NEWARK, NJ — La Casa de Don Pedro celebrated the grand opening of the $1.2 million El Barrio Wellness, a comprehensive mental health center located at 76 Clinton Ave., the former home of fellow community development organization, El Club del Barrio. Once a haven for Puerto Rican families and a pillar of support during Newark’s HIV/AIDS and drug crises in the 1980s, the three-sto

Mantua/Sewell, NJ — The Goldstein Group announced two deals at Timberline Plaza Shopping Center located at 660 Woodbury Glassboro Rd., Mantua/Sewell, New Jersey according to Neil Goldstein, principal of The Goldstein Group. Cloud 10 Car Wash recently opened in a deal which was brokered by Mark Handwerker, executive VP and John Ostrowski, VP, of The Goldstein Group who represented the landlord, Timberline Plaza, LLC. Steve DePetris of Legend Properties represented the tenant.

ROANOKE, VA — Cushman & Wakefield | Thalhimer’s Capital Markets Group , in conjunction with Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group, represented the seller, Terrace North, LP and Terrace South, LP, in the marketing and sale of Terrace Apartments, a 187-unit affordable apartment community in Roanoke. Terrace Apartments consists of two properties: Terrace North, a 78-unit community located at 1540 Maiden Lane SW, and Terrace South, a 109-unit community lo

M&T Bank supports Blair County vision center acquisition with $1.98 Million loan Rick Siger Harrisburg, PA — Department of Community and Economic Development (DCED) Secretary Rick Siger announced the approval of nearly $10.5 million in new, low-interest loans through the Pennsylvania Industrial Development Authority (PIDA) to help boost business growth and create and retain jobs in Blair, Dauphin, Lancaster, and Snyder counties. The projects supported through these loans will