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CHICAGO-A locally based national investor acquires the 133,240-sf Northwest Business Center and the 153,915-sf West Meadows Business Park.
CARLISLE, PA-Oaktree Capital Management sells the 414,000-sf industrial/office property at 180 Kost Rd. to Hampshire Global Partners. IBM leases a 334,000-sf portion of the facility for its global distribution center.
LIMERICK, PA-The new owner will invest $1.5 million in upgrading the property on N. Lewis Road and rename it Limerick Professional Building.
NEWTOWN SQUARE, PA-The deal rolls deeds to 10 University Crossings-branded, student-housing assets. The 11th asset comes later in Q4.
ST. LOUIS-The Veterans Affairs department will offer a partner 75-year ground leases on two adjacent parcels.
LAURYS STATION, PA-A medical partnership gets $3.3 million for the 18,000-sf Riverside Professional Center from a local investor.
PITTSBURGH-PNC will add 240 branches, pushing its Mid-Atlantic footprint to 812 locations in six states and nearly 1,100 overall.
CHICAGO-Ranquist Development shuns cookie-cutter condo high-rises in favor of edgy, contemporary projects.