Altoona, Pa. — PREIT has sold Logan Valley Mall, a regional mall located in Altoona, Pennsylvania, for $33.2 million.
Philadelphia — KeyBank Real Estate Capital has provided a $44.7 million refinancing for two buildings in the Art Museum neighborhood of Philadelphia.
Brookhaven, Pa. — Katz Properties has completed the disposition of Brookhaven Shopping Center, a 211,758-square-foot retail center located 15 miles outside Philadelphia in Brookhaven.
Camp Hill, Pa. — PREIT is repositioning Capital City Mall near Harrisburg with multiple new tenants.
Cheltenham, Pa. — Natixis has originated a $54.5 million floating-rate loan for the redevelopment of the former Cheltenham Square Mall located in Cheltenham, roughly 12 miles outside Philadelphia.
Pottstown, Pa. — CBRE has arranged the sale of Town Square Plaza, a power center located roughly 40 miles outside Philadelphia in Pottstown.
New York, Philadelphia and St. Louis — Urban Edge Properties (NYSE: UE), a real estate investment trust, has entered into a contract to acquire a seven-property portfolio of retail assets for $325 million.
Plymouth Meeting, Pa. — Legoland Discovery Center Philadelphia has opened at Plymouth Meeting Mall in Plymouth Meeting, a suburb of Philadelphia.
King of Prussia, Pa. — A new Saks Fifth Avenue OFF 5TH retail store will open on April 6 in metro Philadelphia.
Philadelphia — HFF has secured permanent financing for the retail portion of Rodin Square, a 79,233-square-foot mixed-use development located in the City Center district of Philadelphia.