JLL
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Embassy Suites Near Philadelphia Airport Listed for Sale As Investors Eye 2026 Event Boom
A well-known all-suite hotel steps from Philadelphia International Airport has hit the market, and the timing is no coincidence. The Embassy Suites by Hilton Philadelphia…
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Bucks County 150,000-Square-Foot Shopping Center Listed for Sale
Yardley’s Prickett Preserve shopping center, anchored by Wegmans, has been put on the market, writes Paul Schwedelson for the Philadelphia Business Journal. According to JLL’s…
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Insurance Giant Chubb Sells Old City Building to Central Park Tower Developer As Move Looms
Chubb, the Zurich-based insurance giant has sold its former Old City office building to Extell Development, a New York developer known for its Central Park…
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Center City’s Largest Apartment Tower Goes Up for Sale Again After 4 Years
Center City’s largest apartment tower, on 1500 Locust Street, is back on the market four years after it was last traded, writes Paul Schwedelson for…
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Swiss Investment Company Acquires Rittenhouse Square Building for $5.23M, Conversion Possible
MZP AG, a Switzerland-based investment company has purchased a Rittenhouse Square building in a $5.23 million deal, writes Paul Schwedelson for the Philadelphia Business Journal.…
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Center City Office Leasing Market Saw Strong End to 2025, Here’s Why
More than five years after the pandemic lead to Center City seeing less and less commuters, its office market is finally getting more stable. This…
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Franklin Mall Goes Up for Sale, Several Options in Play for Property’s Future
Franklin Mall, Philadelphia’s largest outlet mall and the second largest in Pennsylvania, has been put up for sale, writes Emma Dooling for the Philadelphia Business…
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Diverse Investments Signal Rebound in Philadelphia’s Office Market
A surge of diverse investments is signaling the beginning of recovery in Philadelphia’s office market, writes Paul Schwedelson for the Philadelphia Business Journal. Recent investments…
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Ten Penn Center in Center City Set to Go Up for Sale
Ten Penn Center, the 27-story office tower in Center City owned by New York-based Sterling Equities and West Chester-based Greenville Partners, is set to hit…
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One of Manayunk’s Few Remaining Developable Main Street Sites Goes on the Market
A Main Street site in Manayunk that is one of its few remaining developable sites has gone onto the market, writes Ryan Mulligan for the…
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University of the Arts Properties At Center of City’s Real Estate Buzz as Bid Deadline Approaches
Ahead of the deadline to submit bids for the sales of University of the Arts’ several buildings, there has been much interest, writes Mike D’Onofrio…
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South Philadelphia’s Quartermaster Plaza Goes Off the Market After Owners Pivot Approach
Quartermaster Plaza in South Philadelphia is now off the market eight months after its owners originally had it listed, writes Paul Schwedelson for the Philadelphia…
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Center City Building Sold at Deep Discount for $11.5 Million
The 15-story Center City building at 1760 Market Street recently sold at a deeply discounted price of $11.5 million to an undisclosed private investor, writes…
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American Red Cross Center City Building Goes Up for Sale, Conversion Likely
A five-story Center City West office building currently owned by American Red Cross is going up for sale, writes Paul Schwedelson for the Philadelphia Business…
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With Influx of New Construction, Philadelphia Could Once Again Become Leader in Manufacturing
While Philadelphia isn’t currently known as a leading manufacturing hub, that could be set to change thanks to the ongoing and upcoming construction throughout the…
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A 572-Unit Logan Square High-Rise Apartment Is Going Up For Sale
NorthXNorthwest, a 572-unit, high-rise apartment development in Logan Square is going up for sale, writes Paul Schwedelson for the Philadelphia Business Journal. The development features…
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A Decade After Being Built, a Rittenhouse Apartment Building Goes on the Market
Center City buildings have been seeing many ownership changes in recent years, writes Paul Schwedelson for the Philadelphia Business Journal. The 34-story apartment tower at…
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