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Philadelphia still leads the Northeast when it comes to existing micro-apartments, but New York City and Boston are poised to catch up as their pipelines grow.
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Lincoln Square, the huge mixed-use development at Broad and Washington streets, has kicked off apartment leasing as it nears completion.
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Parkway Corp. has applied for a $5M RACP grant to help it build that rare beast: a new construction office tower in Center City.
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Commercial real estate transactions and announcements of note from across the Philadelphia region.
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Center City Philadelphia's office sector saw modest asking rent growth and stable vacancy in Q2, according to a report by JLL's Emily Friedman.
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MSC has been retained to lease the retail portion of the Wanamaker Building in Center City. TF Cornerstone plans to deliver 621 apartments there by 2028.
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The Deal Sheet
2400 Market St., the future home of Aramark, has signed new private club concept Fitler Club to fill 75K SF on its bottom three floors.
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Brookfield Property Partners' generated $228M cash last quarter.
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The 200-acre project near the Ontario Airport can proceed.
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