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CBRE Arranges $10 Million Sale of Liberty Plaza Shopping Center in Philadelphia

Philadelphia — CBRE has arranged the $10 million sale of Liberty Plaza, a 372,130-square-foot shopping center in Philadelphia.

…

  • August 30, 2018
  • Published in Investment sales, News, Pennsylvania

PREIT Signs Three Tenants to Backfill Former Macy’s at Plymouth Meeting Mall in Philadelphia

Philadelphia — PREIT has inked leases with three new tenants at Plymouth Meeting Mall in Philadelphia.

…

  • August 13, 2018
  • Published in Development, Leasing, News, Pennsylvania

Kimco’s Lincoln Square to Feature Philadelphia’s First Sprouts Farmers Market

Philadelphia — Kimco Realty’s Lincoln Square mixed-use project currently under development will be the site of Philadelphia’s first Sprouts Farmers Market.

…

  • April 5, 2018
  • Published in Development, Leasing, News

KeyBank Provides $44.7 Million Refinancing for Two Buildings in Philadelphia

Philadelphia — KeyBank Real Estate Capital has provided a $44.7 million refinancing for two buildings in the Art Museum neighborhood of Philadelphia.

…

  • August 15, 2017
  • Published in Finance, News, Pennsylvania

Urban Edge to Acquire $325 Million Retail Portfolio in New York, Philadelphia, St. Louis

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.

…

  • April 11, 2017
  • Published in Investment sales, Missouri, New York, News, Pennsylvania

HFF Secures Financing for Retail Portion of Rodin Square in 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.

…

  • February 3, 2017
  • Published in News, Pennsylvania

Benbrooke Sells Franklin Marketplace in Philadelphia for $25.8 Million

Philadelphia — Benbrooke has sold Franklin Marketplace, a 223,434-square-foot retail power center located in northeastern Philadelphia, for $25.8 million.

…

  • August 26, 2016
  • Published in Investment sales, News, Pennsylvania

PREIT Sells Four Malls for $92.4M

Philadelphia — Philadelphia-based PREIT (NYSE: PEI) has announced the sale of four malls for an aggregate price of $92.4 million.

…

  • March 30, 2016
  • Published in Investment sales, News, Pennsylvania

HFF Arranges $18.5 Million Refinancing for West Goshen Town Centre

West Chester, Penn. — Holliday Fenoglio Fowler (HFF) has arranged an $18.5 million refinancing for West Goshen Town Centre, a 135,650-square-foot ShopRite-anchored retail center located in the Philadelphia suburb of West Chester.

…

  • November 16, 2015
  • Published in Finance, News, Pennsylvania

Target to Open Two Smaller Store Locations in Downtown Philadelphia

Philadelphia — Metro Commercial Real Estate Inc. has brokered two deals for Target in the Center City area of Philadelphia.

…

  • October 30, 2015
  • Published in News, Pennsylvania
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Industry Content

The Truth About Tariffs

Talks of tariffs and trade wars have dominated the news lately as the U.S. negotiates abroad over everything from immigration deals with Mexico to intellectual property protection (or lack thereof)…

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Pinnacle: Community, Cross-Shopping are Keys to Success in Non-Core Markets

There are two big threats to retail that nearly every landlord is trying to avoid: sales lost to online shopping and shoppers lost due to a recession. It may be impossible…

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Moonbeam: A Portfolio that Specializes in Alternative Uses

Much of the spotlight surrounding in-demand tenants at today's shopping centers is focused on food and beverage and entertainment users. This is a solid strategy, agrees Steven Maksin, founder and CEO…

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XTeam: Technology is an Essential Tool in Retail, But Local Knowledge is Everything

Technology is omnipresent in nearly every aspect of our daily lives — and it is changing rapidly, but retail real estate players don't have to reinvent the wheel to keep…

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Spinoso: What's the New Formula for Enclosed Malls?

Malls are not dead, but the formula has certainly changed, notes Carmen Spinoso, CEO of Spinoso Real Estate Group. That's because there is no formula any longer when it comes to…

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