PHILADELPHIA-Starwood's luxury brand enters into an agreement with Urban Residential and Parkway Corp. for a $150-million, 250-room hotel and 95 residential condos at Parkway's current parking lot.
WYNNEWOOD, PA-BPG sells the three-story, 50,000-sf office building at 308 E. Lancaster Ave. to a Philadelphia real estate firm for $9.8 million. The new owner plans to locate its headquarters in the building.<p>
JIM THORPE, PA-Hickory Run Inc. developed a golf course and clubhouse on the property to be run by the owner's son. The son backed out, and the owner is asking $3 million for the land.
PHILADELPHIA-In partnership with ULLICO's USA Realty Fund, Grasso Holdings makes its second major Center City acquisition within two months. Grasso will relocate to the 241,831-sf high rise at One Penn Square West.
PHILADELPHIA-Acquisition of the baking company's corporate offices and distribution center for $14.4 million would extend the planned TrumpStreet Casino and Entertainment site at the former Budd Co. plant to 30 acres.
HARRISBURG, PA-MWI Veterinary Supply Co. inks a renewal and expands its Northeast distribution center at 7195 Grayson Road from 24,800 sf. The aggregate value of the new agreement is about $1.3 million.
PITTSBURGH-The Pittsburgh Cultural Trust picks a team assembled by Concord Eastridge to redevelop the six-acre site along the Allegheny. The project includes 700 residential units and 159,000 sf of ground-floor retail.
PITTSBURGH-The Pittsburgh Cultural Trust picks a team assembled by Concord Eastridge to redevelop the six-acre site along the Allegheny. The project includes 700 residential units and 159,000 sf of ground-floor retail.
Relocation of a law firm to the 6,610-sf 20th floor combines with two renewals at the 142,088-sf North American Building; contracts aggregate value in excess of $1.5 million.