Philadelphia Real Estate Council

The Bourse and 400 Market St. are the latest Philadelphia office buildings sold at a steep discount. To read the full article, head to:  https://lnkd.in/drxvJJ4D For more Mid-Atlantic commercial real estate news, follow us on LinkedIn. To learn more about Philadelphia Real Estate Council visit https://precouncil.org/  #realestatenews  #PREC  #realestate  #philadelphiarealestate  #CommercialRealEstate  #CRE  #RealEstateInvesting  #IndustrialProperty  #PropertyManagement  #InvestmentProperty  #CommercialProperty  #AssetManagement  #CommercialBrokerage  #PropertyInvestment  #PropertyPortfolio  #CREIndustry  #PropertyValues  #CommercialRealtor  #RealEstateMarket

A couple of real estate brokers and a wealth manager are taking Baltimore’s board of elections to court over a ballot measure that would cut city property taxes nearly in half. To read the full article, head to:  https://lnkd.in/e6kUdG45 For more Mid-Atlantic commercial real estate news, follow us on LinkedIn. To learn more about Philadelphia Real Estate Council visit https://precouncil.org/  #realestatenews  #PREC  #realestate  #philadelphiarealestate  #CommercialRealEstate  #CRE  #RealEstateInvesting  #IndustrialProperty  #PropertyManagement  #InvestmentProperty  #CommercialProperty  #AssetManagement  #CommercialBrokerage  #PropertyInvestment  #PropertyPortfolio  #CREIndustry  #PropertyValues  #CommercialRealtor  #RealEstateMarket

The owner of the 26-story office tower owes nearly $40 million on a 2015 loan, according to the current noteholder. To read the full article, head to:  https://lnkd.in/ezknxVN3 For more Mid-Atlantic commercial real estate news, follow us on LinkedIn. To learn more about Philadelphia Real Estate Council visit https://precouncil.org/  #realestatenews  #PREC  #realestate  #philadelphiarealestate  #CommercialRealEstate  #CRE  #RealEstateInvesting  #IndustrialProperty  #PropertyManagement  #InvestmentProperty  #CommercialProperty  #AssetManagement  #CommercialBrokerage  #PropertyInvestment  #PropertyPortfolio  #CREIndustry  #PropertyValues  #CommercialRealtor  #RealEstateMarket

An enormous luxury residence that once served as the Tacony Saving Fund Safe Deposit & Title Company in Philadelphia is now available for $1.1 million. To read the full article, head to:  https://lnkd.in/ejXRHyjF For more Mid-Atlantic commercial real estate news, follow us on LinkedIn. To learn more about Philadelphia Real Estate Council visit https://precouncil.org/  #realestatenews  #PREC  #realestate  #philadelphiarealestate  #CommercialRealEstate  #CRE  #RealEstateInvesting  #IndustrialProperty  #PropertyManagement  #InvestmentProperty  #CommercialProperty  #AssetManagement  #CommercialBrokerage  #PropertyInvestment  #PropertyPortfolio  #CREIndustry  #PropertyValues  #CommercialRealtor  #RealEstateMarket

TF Cornerstone, a New York-based luxury apartment developer, is in negotiations to acquire the Wanamaker Building in Philadelphia's Center City after the firm purchased a majority of the debt on the struggling office property. Rubenstein Partners, the Philadelphia-based owner of the office portion of the property, confirmed a potential sale of the building. Read the full articles below! For more Mid-Atlantic commercial real estate news, follow us on LinkedIn. To learn more about Philadelphia Real Estate Council visit https://precouncil.org/  #realestatenews #PREC #realestate #philadelphiarealestate #CommercialRealEstate #CRE #RealEstateInvesting #IndustrialProperty #PropertyManagement #InvestmentProperty #CommercialProperty #AssetManagement #CommercialBrokerage #PropertyInvestment #PropertyPortfolio #CREIndustry #PropertyValues #CommercialRealtor #RealEstateMarket

A seven story, 55-unit apartment building proposed for 1520-30 Washington Ave. renewed a long-standing debate over preservation of the past on the once industrially dominated South Philadelphia boulevard. To read the full article, head to:  https://lnkd.in/erWMVPq8 For more Mid-Atlantic commercial real estate news, follow us on LinkedIn. To learn more about Philadelphia Real Estate Council visit https://precouncil.org/  #realestatenews  #PREC  #realestate  #philadelphiarealestate  #CommercialRealEstate  #CRE  #RealEstateInvesting  #IndustrialProperty  #PropertyManagement  #InvestmentProperty  #CommercialProperty  #AssetManagement  #CommercialBrokerage  #PropertyInvestment  #PropertyPortfolio  #CREIndustry  #PropertyValues  #CommercialRealtor  #RealEstateMarket

Investor confidence is increasing in the Baltimore industrial market, where EQT Exeter has acquired a six-building industrial portfolio totaling nearly 900,000 square feet for $140.5 million. PGIM Real Estate was the seller of the properties in Middle River, Md., according to CommercialEdge data and public records. To read the full article, head to:  https://lnkd.in/ecBVMCHp For more Mid-Atlantic commercial real estate news, follow us on LinkedIn. To learn more about Philadelphia Real Estate Council visit https://precouncil.org/  #realestatenews  #PREC  #realestate  #philadelphiarealestate  #CommercialRealEstate  #CRE  #RealEstateInvesting  #IndustrialProperty  #PropertyManagement  #InvestmentProperty  #CommercialProperty  #AssetManagement  #CommercialBrokerage  #PropertyInvestment  #PropertyPortfolio  #CREIndustry  #PropertyValues  #CommercialRealtor  #RealEstateMarket

In other recent Philadelphia-area real estate news, a Cherry Hill office campus is planning an expansion and a new grocery store opens in University City. To read the full article, head to:  https://lnkd.in/eCwzgecC For more Mid-Atlantic commercial real estate news, follow us on LinkedIn. To learn more about Philadelphia Real Estate Council visit https://precouncil.org/  #realestatenews  #PREC  #realestate  #philadelphiarealestate  #CommercialRealEstate  #CRE  #RealEstateInvesting  #IndustrialProperty  #PropertyManagement  #InvestmentProperty  #CommercialProperty  #AssetManagement  #CommercialBrokerage  #PropertyInvestment  #PropertyPortfolio  #CREIndustry  #PropertyValues  #CommercialRealtor  #RealEstateMarket

Stockton Real Estate Advisors Buys 126,000 SF Office Building in Downtown Philadelphia. To read the full article, head to:  https://lnkd.in/e94URzvR For more Mid-Atlantic commercial real estate news, follow us on LinkedIn. To learn more about Philadelphia Real Estate Council visit https://precouncil.org/  #realestatenews  #PREC  #realestate  #philadelphiarealestate  #CommercialRealEstate  #CRE  #RealEstateInvesting  #IndustrialProperty  #PropertyManagement  #InvestmentProperty  #CommercialProperty  #AssetManagement  #CommercialBrokerage  #PropertyInvestment  #PropertyPortfolio  #CREIndustry  #PropertyValues  #CommercialRealtor  #RealEstateMarket

Downtown office vacancy rate to soar after major employers' exit. The already ailing central business district has an office vacancy rate of 22.4%. Read more about what JLL predicts will happen in the coming months: https://lnkd.in/eRkWYidz For more Mid-Atlantic commercial real estate news, follow us on LinkedIn. To learn more about Philadelphia Real Estate Council visit https://precouncil.org/  #realestatenews  #PREC  #realestate  #philadelphiarealestate  #CommercialRealEstate  #CRE  #RealEstateInvesting  #IndustrialProperty  #PropertyManagement  #InvestmentProperty  #CommercialProperty  #AssetManagement  #CommercialBrokerage  #PropertyInvestment  #PropertyPortfolio  #CREIndustry  #PropertyValues  #CommercialRealtor  #RealEstateMarket