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

HARRISBURG, PA — Landmark Commercial Realty announced that W. Jason Grace, CCIM, SIOR, CEO & managing principal and Michael Curran, SIOR, president executive managing director, and were recognized among TCN Worldwide’s Top Five Office Sales for the third quarter of 2025. The duo represented both sides of a $3.6 million, 30,000 s/f office property transaction in Camp Hill. Curran represented the seller, the Pennsylvania Bar Association (PBA), while Grace represented the buyer,

BOSTON, MA — SVN | Miller Commercial Real Estate senior advisor, John McClellan, CCIM, SIOR, has been appointed as co-chair of the SVN Leasing Product Council by SVN International. He will serve beside Karen Kulczycki, CCIM, SIOR from SVN | Chicago Commercial. Together, McClellan and Kulczycki will host quarterly virtual sessions for Leasing Product Council members across the country, creating a forum for conversations on leasing strategies, marketing, legal developments, and

Newark, NJ — Investment Property Realty Group (IPRG) announced the sale of a four-building mixed-use portfolio located at 156–164 University Ave. and 53–55 Bleeker St. in the heart of downtown Newark. The portfolio was sold by IPRG NJ Yanni Marmarou (managing partner), Andrea Nestico (director), and Homer De Leon (Associate) for $5.3 million, representing 96% of the asking price and a 5.9% CAP rate. The 15-unit portfolio sold for $353,000 per door with long-term tenancy. At t

PARAMUS, NJ — New Jersey-based commercial real estate firm, Reynolds Asset Management (Reynolds), has acquired Edgewater Landing, a 724-unit multifamily community, marking the firm’s sixth acquisition in Ohio. In partnership with Triangle Capital Group, Reynolds purchased the property, located at 4592 Channing Terrace, with plans to invest over $15 million for significant improvements. Representing the seller, the deal was brokered by George Skaff and Carter Stephens of Newma

PHILADELPHIA, PA — KSS Architects announced the completion of the new Alternative Middle Years (AMY) at James Martin Middle School, a transformational project redefining education in the Port Richmond community of Philadelphia. Designed for 21st-century learning and to meet LEED Gold standards, the 88,000 s/f school is a welcoming space that emphasizes natural light, sustainability, and a connection to the outdoors. The four-story facility serves as a vertical learning neighb

Ridgefield Park, NJ — KABR Group and Hornrock Properties have broken ground on a new six-story luxury multi-family rental building at 95 Challenger Rd., marking the first multi-family development within Ridgefield Park’s Overpeck Corporate Center and a major milestone for the 60-acre mixed-use campus located just five miles west of Manhattan. Principals from both firms were joined by Mayor Adam MacNeill, municipal officials, and local dignitaries to celebrate the start of con

Dougherty of Metro Comm’l. represents tenant Savers HARRISBURG, PA — Savers, a leading global for-profit thrift retailer, is set to open a new 35,000 s/f store at High Pointe Commons in Harrisburg, a 359,000 s/f regional shopping center, becoming the property’s newest anchor. The store will backfill the former Christmas Tree Shops, marking the backfilling of a notable large-format vacancy at the center and reflecting sustained retailer demand in the Harrisburg market. It will

By Heather M. Kreiger, CCIM, Lee & Associates of Eastern & Western Pennsylvania Northeastern Pennsylvania entered 2025 with more volatility than in recent years, but the market proved once again that it has a strong ability to stabilize. Vacancy opened the year with a sharp jump after several large blocks returned to the market, yet by year end NEPA is expected to settle back into its long-term structural range near 7 to 8 percent. For a region that has absorbed multiple deve