Monthly Archives: June 2016

Developers focus on Philadelphia’s prime locations

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The U.S. Industrial Outlook offers an in-depth analysis of property fundamentals, indicators and market drivers in the major industrial markets in the United States. The following briefs the latest developments in the Philadelphia market:

Speculative development is on the rise: Construction activity continues to be one of the prime drivers of the Philadelphia industrial market. Availabilities and vacancies are at all-time lows, encouraging speculative construction to address the needs of 30,898,500 square… Read More

The Sale of ShopRite Anchored Center in Glenolden

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Our Capital Markets Group is pleased to announce on behalf of MCB Real Estate and Alex Brown Realty that it has closed the investment sale of 140 N. MacDade Boulevard in Glenolden, Pennsylvania to Wharton Realty Group. The property, a 108,587 square foot grocery-anchored shopping center, features a newly renovated ShopRite and is at 100% occupancy.