Deal Tracker: A Roundup of Philadelphia-Area Activities

NAI Mertz named Joe Sternberg, left, and Lisa Madzin, sales associates in its Southampton, PA, office.

PHILADELPHIA—Colliers International Capital Markets arranged $24 million of debt for the acquisition and redevelopment of the former West Philadelphia High School at 4700 Walnut Street. The 442,200-square-foot, four story building will be converted to a 298-unit multifamily property. Kristopher Wood and John Banas, both senior vice presidents/directors in CICM’s Philadelphia office, arranged the loan.

Openings

BRYN MAWR, MALVERN, AND PHILADELPHIA—Bryn + Dane’s, a fast food company that serves low-calorie farm fresh food will open three new locations, Bryn Mawr Village, 915-925 West Lancaster Ave., Bryn Mawr, PA;   Atwater South, Route 29 and Atwater Drive, Malvern, PA ; and Th e Franklin, 834 Chestnut Street, Philadelphia PA. Metro Commercial Real Estate’s Glenn Marvin and Pat Gallagher represented Bryn + Dane’s in the rollout of their new sites, which are set to open beginning this summer and through 2017.

Leases