PHILADELPHIA—One Washington Square, located on the Northeast corner of historic Washington Square, represents Keystone's latest investment in the historic Independence Mall submarket.
Gebroe-Hammer managing director David Oropeza exclusively represented the seller and procured the buyer, who were not identified, in the transaction, which included 482 units.
SOUTH BRUNSWICK, NJ—O'Neill Logistics joins co-tenants FedEx and Home Depot at 130 Interstate Blvd. in South Brunswick, NJ, which is owned by Terreno Realty.
HAVERFORD, PA—The Children's Hospital of Philadelphia is leasing 663 W. Lancaster Avenue in Haverford, PA, the site of the former Foodsource grocery store. CHOP is relocating its former practice location at 600 Haverford Road to the new site.
CEDAR KNOLLS, NJ—Invesco Real Estate has sold Sterling Parc, a 316-unit, class A, garden-style, multifamily housing community in Cedar Knolls, NJ, to a client of Cornerstone Real Estate Advisors for $91 million.
Colliers International's John Donnelly, an industrial specialist based at the company's New Jersey headquarters in Parsippany, represented Peter Thomas Roth Labs in negotiating the long-term lease. In an interesting wrinkle, he also brokered the company's previous, 18,000-square-foot, multi-year sublease commitment in Carlstadt.
In New Jersey, developers who disagree with federal agency determinations can also take advantage of the decision to seek judicial determination and not wait for years of litigation to take place, Reinhart says. Listen to our exclusive audio interview.
