KING OF PRUSSIA, PA-As the suburban office market strengthens, rent rates at the class A, 200,000-sf 1000 Continental, now under construction, open at $32.50 per sf.

HATBORO, PA-Having acquired the 419,000-sf Station Park facility in a deed in lieu of foreclosure transaction, Keystone will redevelop it into office or warehouse space, based on demand.

PHILADELPHIA-RAIT Financial Trust prices an offering of 10 million shares of common stock at $34 a share and grants an over-allotment option for 1.5 million shares.

PHILADELPHIA-RAIT Financial Trust prices an offering of 10 million shares of common stock at $34 a share and grants an over-allotment option for 1.5 million shares.

ABINGTON, PA-Somerset Tire Services pays $171 per sf for a property on Old York Road here while the Salvation Army acquires a Bucks County site for $60 per sf.

PHILADELPHIA-The 20-story, 520,000-sf office building, also known as Three Penn Center, is the opening investment of recently formed Stockton Real Estate Advisors.

PHILADELPHIA-The 20-story, 520,000-sf office building, also known as Three Penn Center, is the opening investment of recently formed Stockton Real Estate Advisors.

PITTSBURGH-Wells Real Estate Funds adds the 3000 Park Lane office building and 16 surrounding acres to the company's earlier $25-million buy of 2000 Park Lane.