PHILADELPHIA-Less than six weeks after acquiring Curtis Center for $94 million, Grasso Properties buys the adjacent Public Ledger Building with plans to restore the link between the two historic properties.
MISSION, KS-The new owner plans to spend $9,000 a unit, nearly $2.9 million, on renovations of the 24-building asset, which was built between 1969 and 1971 and is 98% occupied.
PHILADELPHIA-HOB Entertainment inks a lease for 40,000 sf in the Packard Grande at 15th and Chestnut streets. The venue will include a 500-seat music hall, 300-seat restaurant, plus members-only space.
GRAND RAPIDS, MI-Expansion of the athletic facilities include a new 175,000-sf arena, 62,000-sf indoor track and tennis center, 25-yard pool, 6,000-sf health facility and renovation of the fieldhouse.
ROSEVILLE, MI-The new tenant leases the former Hofley Manufacturing facility on 12 Mile Road where it will consolidate seven recently acquired Jacobs Industries' facilities and make metal auto components.
HORSHAM, PA-In a deal said to represent the highest price paid in the US for a biologics pilot plant, Alexandria Real Estate Equities pays $21 million for the 50,000-sf facility at 102 Witmer Rd.
LANCASTER, PA-Auntie Annie's will establish its new 70,000-sf headquarters in the former post office building on W. Chestnut Street and seeks a 60,000-sf warehouse and operations center nearby.
CHICAGO-Plans call for a 590,000-sf Calabash II warehouse in Fontana, CA at a cost of $47 million and a 440,769-sf Airwest-Indianapolis distribution center at a cost of $18.5 million.
CHICAGO-Plans call for a 590,000-sf Calabash II warehouse in Fontana, CA at a cost of $47 million and a 440,769-sf Airwest-Indianapolis distribution center at a cost of $18.5 million.
ANTIOCH, IL-Within 12 months, V Land Corp. and Equibase Capital will break ground for a 600,000-sf power center on 78 acres along Route 173 just west of Deep Lake Road.