PHILADELPHIA-Excavation begins on the new baseball-only venue. The 43,000-seat, natural-grass venue has been configured to give maximize views of the city skyline. First pitch will be thrown in 2004.
Orlando-The heavy equipment will be in place by the end of the month to begin construction on Monroe CommerCenter, a major regional industrial and office complex in Sanford.
PHILADELPHIA-The private-label pet food maker will sell its Dublin, PA industrial facility. The transaction will be handled by Binswanger/CBB, who in addition recently won the agency on a 42,000-sf Texas office property.
PHILADELPHIA-The 1.2 million-sf regional shopping center features a new 225,000-sf Macy's store. The project is the first joint venture between PREIT and the Pennsylvania State Employee Retirement System.
NEW YORK CITY-Locally based Ackman-Ziff Real Estate Group arranged the loan, which is being used to refinance existing construction debt. The assets involved include eight facilities located on Long Island and in New Jersey.
PHILADELPHIA-The oil company disposes of 13 unimproved properties located in nine states and ranging in size from a two-acre site in Cary, NC to a 153-acre parcel in Fulton County, GA.
NEW YORK CITY-GlobeSt.com has learned that Credit Suisse First Boston has hired Sonnenblick-Goldman to market The Empire Hotel, its 375-room Lincoln Center-area property. Meanwhile, Insignia/ESG is handling the sale of the Gorham, a 115-room boutique hotel on West 55th Street.
PHILADELPHIA-The Newtown Square, PA-based REIT finally gives a name to its newly designed office tower. To be located adjacent to 30th Street Station, the 28-story structure will be built from a design by architectural powerhouse Cesar Pelli.
PHILADELPHIA-The Newtown Square, PA-based REIT finally gives a name to its newly designed office tower. To be located adjacent to 30th Street Station, the 28-story structure will be built from a design by architectural powerhouse Cesar Pelli.
PHILADELPHIA-Thomas Properties purchases the 29-story Center City Philadelphia asset on behalf of the California teachers' pension fund. Ohio State Teachers Retirement System is the seller with CBRE acting as broker.