• jared jacobs

    Cushman & Wakefield: Year Ends with Record-Setting Construction Completions and Historic Positive Absorption in Center City

    February 19, 2018— The vacancy rate for the Philadelphia MSA apartment market increased to 3.9 percent in the fourth quarter of 2017, due in large part to the addition of 4,040 new units in 2017, according to Cushman & Wakefield. The commercial real estate services firm’s Philadelphia research team...
  • 1600 market

    Equity Commonwealth Sells Office Tower for $160M in Philadelphia

    February 16, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $160 million sale and financing of 1600 Market Street, a Class A, 39-story office tower totaling 825,968 square feet in Philadelphia’s CBD. The HFF team represented the seller, Equity Commonwealth, and procured the buyer, an affiliate of American...
  • 501 Technology Drive

    HFF Closes Sale of Class A Office Building in Southpointe

    February 6, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of 501 Technology Drive, a 98,314-square-foot, Class A office building in the Southpointe Office and Industrial Park, located approximately 20 miles south of downtown Pittsburgh. The HFF team marketed the asset on behalf of the seller, 501...
  • 2301 Renaissance

    Liberty Property Trust Sells Vertex’s HQ in Philadelphia

    January 16, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $47 million sale of 2301 Renaissance Boulevard, a 189,502-square-foot, Class A office building that serves as the international corporate headquarters of Vertex, Inc. in King of Prussia, Pennsylvania. The HFF team represented the seller, Liberty Property Trust, and...
  • 1140 Valley Forge

    $6.65M Sale of Office Building in Philadelphia

    January 10, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $6.65 million sale of 1140 Valley Forge Road, a 30,588-square-foot, single-tenant office building that serves as the corporate headquarters of Environmental Standards, Inc. (ESI) in the Philadelphia-area suburb of Phoenixville, Pennsylvania. 1140 Valley Forge Road is situated on...
  • Mt. Pocono Plaza

    Heidenberg Properties Announces Grand Opening of Ollie’s and Planet Fitness at Mt. Pocono Plaza

    December 29, 2017— Heidenberg Properties Group welcomes two new tenants to its 203,000 square foot Mt. Pocono Plaza in Mt. Pocono, PA: a 27,300 square foot Ollie’s Bargain Outlet and a 17,500 square foot Planet Fitness. Ollie’s new Mt. Pocono store joins 30 additional locations that opened in 2017,...
  • Philadelphia

    GI Partners Secures $32.86M financing for Tier III+ designed data center facility in Greater Philadelphia

    November 15, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announces $32.86 million in financing for Global Data Center, a purpose-built, Tier III+ designed data center facility in the Greater Philadelphia community of Collegeville, Pennsylvania. The HFF team worked on behalf of the borrower, GI Partners, to secure the three-year,...
  • gilbertsville shopping center

    Brixmor Property Group Sells Grocery-Anchored Shopping Center in Philadelphia

    November 9, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Gilbertsville Shopping Center, an 85,576-square-foot, grocery-anchored shopping center located in Gilbertsville, an affluent Philadelphia suburban community within Montgomery County, Pennsylvania. The HFF team marketed the property on behalf of the seller, Brixmor Property Group. The Westover...
  • equus

    Equus Capital Sells 22 Property Multi Family Portfolio in Pennsylvania

    October 10, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $467 million sale of a 22-property, value-add multi-housing portfolio totaling 3,426 units in various Pennsylvania locations. The HFF team marketed the properties in six sub-portfolios on behalf of the seller, Equus Capital Partners, Ltd. The properties sold in...
  • longwood gardens

    OTL Completes Work on $90M Pennsylvania Historic Fountain Renovation

    September 6, 2017 – Outside the Lines (OTL), a design-build construction company that specializes in creating one-of-a-kind water features, rockwork and themed environments, has completed a consulting project on the $90 million highly complex renovation of the historic 83-year-old spectacular Main Fountain Garden at Philadelphia’s Longwood Gardens. The renovation...
  • royal farms philadelphia

    First Royal Farms in Philadelphia Trades Over $7M

    August 22, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Royal Farms, a 6,300-square foot net-leased property located in Philadelphia. The asset sold for $7,256,637. Dean Zang and Mark Taylor,...
  • 305 W Main St

    Marcus & Millichap Trades Mixed-use Asset in Lansdale

    July 12, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of 303-305 West Main Street and 306 Madison Avenue, a 20,100-square foot mixed-use asset located in Lansdale, Pa. Daniel Bernard and...
  • Fresenius Enola PA

    The Boulder Group Arranges Sale of Net Leased Fresenius Medical Care Property

    June 26, 2017— The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Fresenius Medical Care property located at 390 E Penn Drive in Enola, Pennsylvania for $1,930,000. The Fresenius property is located in a densely populated residential area.  There are...
  • SMCC Campus

    Philadelphia Office Complex to Undergo Major Renovation and Addition

    June 26, 2017 – The Spring Mill Corporate Center, a 635,000 square-foot office park consisting of four major buildings at 1100 East Hector Street in the Philadelphia suburb of Conshohocken, will undergo a major, multi-million-dollar renovation and modernization that will include the creation of a new stand-alone 40,000 square-foot...
  • Valley Creek Center

    Valley Creek Corporate Center in Pennsylvania Sells for $45.3M

    June 8, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $45.3 million sale of and arranged $34 million in financing for Valley Creek Corporate Center, a three-building, Class A office complex totaling 259,163 square feet in Exton, Pennsylvania. HFF marketed the property on...
  • Laburnum Park Shopping Center Sold in 1031 Exchange

    April 5, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Laburnum Park Shopping Center, a 61,860-square foot retail property located in Richmond, VA, according to Bryn D. Merrey, senior vice...
  • Bakers Centre Sells for $52.4M in Philadelphia

    April 6, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $52.4 million sale of Bakers Centre, a 236,719-square-foot, grocery-anchored shopping center in Philadelphia, Pennsylvania. HFF marketed the property on behalf of the seller, Metro Development Company, Carlino Commercial Development and US Realty Associates,...
  • PV Associates Sells Affordable Housing Community in Philadelphia

    March 9, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $6.4 million sale of Pleasant Valley, a 41-unit, affordable housing community in the Philadelphia suburb of Conshohocken, Pennsylvania. HFF marketed the property on behalf of PV Associates, which was sold free and clear...
  • Art Museum Apartments Acquired for $2.1M

    March 6, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of 1925-1927 Spring Garden Street, a 12-unit apartment property located in the Spring Garden neighborhood of Philadelphia. The asset sold for...
  • Harrison Street Real Estate Capital Buys Medical Office Portfolio on Philadelphia

    February 21, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $17 million sale of two medical office buildings totaling 86,000 square feet and anchored by Thomas Jefferson University Hospital (Moody’s, A2) in Philadelphia, Pennsylvania. HFF marketed the properties on behalf of an affiliate...
  • J.G. Petrucci Company Receives Financing for Luxury Multi-Housing in Philadelphia

    February 9, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured $25 million in financing for The Station at Manayunk, a 149-unit luxury multi-housing community in suburban Philadelphia, Pennsylvania. Working on behalf of J.G. Petrucci Company Inc., HFF placed the 15-year loan with Principal Real...
  • HFF arranges $10M financing for industrial warehouse near Philadelphia

    February 8, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged $10 million in financing for the acquisition and repositioning of a 305,250-square-foot, Class A industrial warehouse property in the suburban Philadelphia community of Mount Laurel, New Jersey. HFF worked on behalf of the borrower,...
  • Colliers Retail Specialists Negotiate $32.3 Million Sale of Grocery-Anchored Center

    February 8, 2017 – In a coast-to-coast retail investment transaction that demonstrates grocery-anchored shopping centers remain in high demand among institutional investors, one very patient investor and a pair of equally patient Colliers International retail investment teams – one from the brokerage firm’s Los Angeles office and the other...
  • Hines Tops Out Class A Residential Tower in Philadelphia

    January 24, 2017— The Goldenberg Group of Philadelphia, international real estate firm Hines, and ASB Real Estate Investments, announced today the structural topping out of the new Class A residential tower at 1213 Walnut Street in Center City, Philadelphia occurred January 10, 2017. Façade installation, interior construction and mechanical work...
  • HFF arranges $6.061 million financing for industrial warehouse in Mechanicsburg, Pennsylvania

    November 30, 2016— Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged $6.061 million in financing for a 178,600-square-foot, vacant industrial warehouse located at 4500 Westport Drive in Mechanicsburg, Pennsylvania. HFF worked on behalf of the borrower, a joint venture between Foxfield Ventures and Novaya Real Estate Ventures,...
  • Premier Properties Sells Mid Rise Apartment Property in Philadelphia

    October 24, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $12.7 million sale and secured $9.525 million in financing for Lennox Apartments, a 156-unit, mid-rise apartment property in Philadelphia’s Mount Airy neighborhood. HFF marketed the property on behalf of Premier Properties. A private,...
  • HFF hires Brett Segal as a Managing Director in its Philadelphia office

    October 19, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has hired Brett Segal as a managing director in its Philadelphia office. Mr. Segal will focus on office investment sales in Greater Philadelphia and throughout the northeastern United States. Mr. Segal has more than 10 years...
  • HFF Closes Sale of 2 Multi-Housing Properties in Montgomery County, Pennsylvania

    September 19, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of and secured financing for Riverstone East and West Apartments and Hunter’s Run Apartments, two multi-housing properties totaling 83 units in Norristown, Pennsylvania. HFF marketed the assets on behalf of two separate...
  • Benbrooke Sells Franklin Marketplace in Philadelphia for $23.775 Million

    August 24, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $25.775 million sale of Franklin Marketplace, a 223,434-square-foot retail power center near Philadelphia Mills in northeastern Philadelphia. HFF marketed the property on behalf of the seller, Benbrooke. PAG Investments purchased the asset free...
  • HFF hires Doug Rodio as a senior managing director and co-head of its Philadelphia office

    July 27, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has hired Doug Rodio as a senior managing director in its Philadelphia office. Mr. Rodio will co-head the office alongside senior managing director Mark Thomson, who has served as an office head since the opening of...
  • The JBG Companies secures financing for The Signet Luxury Condo Development in Mclean, Virginia

    July 13, 2015— Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged construction financing and joint venture equity for the development of The Signet, a 123-unit luxury condominium community in downtown McLean, Virginia. HFF worked on behalf of the developer, an affiliate of The JBG Companies, to arrange...
  • Coastal Equities to sell Franklin Center in Pennsylvania

    July 7, 2016— Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has been retained to market for sale Franklin Center, a 174,667-square-foot retail power center in the south central Pennsylvania community of Chambersburg. HFF is marketing the property on behalf of Coastal Equities. Renovated and redeveloped in 2015, Franklin...
  • George Comfort & Sons to sell Medical Office portfolio in Philadelphia

    June 14, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has been retained to market for sale a two-property, 86,000-square-foot medical office portfolio anchored by Thomas Jefferson University Hospital in Philadelphia, Pennsylvania. HFF is marketing the portfolio on behalf of an affiliate of George Comfort &...
  • Marcus Millichap Expands and Relocates in Philadelphia

    May 20, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada has announced the relocation of its Philadelphia office to Center City Philadelphia, Pa. and the opening of an additional office in Wynnewood, Pa. In...
  • Beachcomber, a 32 unit Apartment Property Sold for $2.15 million

    May 16, 2016— Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of The Beachcomber, a 32-unit apartment property located in Norfolk, VA, according to Bryn D. Merrey, first vice president/district manager of the firm’s...
  • HFF arranges $21.7 million acquisition financing for grocery-anchored retail and office center

    April 25, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged $21.7 million in acquisition financing for Drexeline Shopping Center, a 264,417-square-foot, grocery-anchored, mixed-use retail center with office space in the Philadelphia suburb of Drexel Hill, Pennsylvania. HFF worked on behalf of the borrower, a...
  • HFF secures $45 million financing for luxury apartment tower in Center City Philadelphia

    April 14, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured $45 million in financing for Avenir, a 180-unit, luxury mixed-use apartment and retail tower in Center City Philadelphia, Pennsylvania. Working on behalf of the borrower, a joint venture between the Scully Company, Alterra Property...
  • HFF arranges $53.426 million in equity and debt for high-rise apartment development in Philadelphia

    March 10, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged $53.426 million in preferred equity and construction financing for the development of 3201 Race Street, a 16-story, luxury high-rise apartment property in Philadelphia’s University City neighborhood. HFF worked on behalf of the developer, Radnor...
  • $10.7 million refinancing for grocery-anchored retail center in suburban Philadelphia

    March 7, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged a $10.7 million refinancing for Lionville Shopping Center, a 93,161-square-foot, grocery-anchored shopping center in the Philadelphia suburb of Exton, Pennsylvania. HFF worked on behalf of the borrower, Brandolini Companies, to secure the long-term, fixed-rate...
  • HFF closes sale of Philadelphia self storage property

    February 18, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of Glenolden Self Storage, a 383-unit self storage facility located in the Philadelphia suburb of Glenolden, Pennsylvania. HFF marketed the property on behalf of the seller, Morris Realty and Investment LLC. Sovran...