Regions Midatlantic | Philadephia
Binswanger Negotiates Lease for Material Concepts iin Philadelphia
June 30, 2008
Binswanger said today that Material Concepts Inc. has leased the 48,000-square-foot office and warehouse building at 11621 Caroline Road in Philadelphia, Pa. Lease terms were not disclosed. The company completed the move of 20 employees and its equipment in May and is now fully operational at the new location on Caroline Road.
Recent Philadelphia Headlines
Smart Car Dangled as Carrot for Potential Buyers at New Philly Condo Property
Aug. 01, 2008
With the souring economic climate and frosty lending market, for-sale multifamily residences are not selling like hotcakes anymore, so in an effort to lure buyers for the remaining condominium units at the seven-month-old Symphony House in Philadelphia's Center City, developer Dranoff Properties has decided to give a Smart Car to every new purchaser.
$54M Financing Deal Closes for Suburban Philly Shopping Center
July 25, 2008
Pennsylvania Real Estate Investment Trust has secured $54 million in financing on Paxton Towne Centre, the company's 703,000-square-foot shopping center in Harrisburg, Pa., less than 15 miles from Philadelphia. The transaction marks PREIT's third financing deal within the last month.
Shovels Hit Dirt for $100M Biotech HQ in Suburban Philly
July 25, 2008
Work has commenced on Almac Group's new North American headquarters campus in Lower Salford Township in Harleysville, Pa., about 30 miles outside of Philadelphia. The Craigavon, Northern Ireland-headquartered bioscience research-and-development services company will invest $100 million to develop a 240,000-square-foot facility as part of an expansion and consolidation project that will ultimately yield an office and production complex of up to 1 million square feet.
