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CoStar's People of Note (Nov. 17) - Levy Lands at Crow, DePizzol Departs for NKF, Burdette Joins JLL...
The following companies announced personnel moves this week: Crow Holdings, Newmark Knight Frank, JLL, Avison Young, Kidder Matthews, Transwestern, JAG and Cushman & Wakefield | Thalhimer.img.pon{display: block; padding: 5px; width: 25%; max-width:180px...

Brandywine Starts First Phase of $3.5B Schuylkill Yards Master Development
Brandywine Realty Trust (NYSE: BDN) broke ground this week on the first phase of Schuylkill Yards, a mixed-use development expected to total 6.9 million square feet of R&D, office, residential, hospitality and retail properties on 14 acres in University...

Siemens Renews 185,000-SF Office Lease in Malvern
Siemens Medical Solutions Health Services Corp. has renewed its lease for 184,872 square feet in the Great Valley Corporate Center office building at 51 Valley Stream Pky in Malvern, PA. The four-story building totals 235,000 square feet. It was developed...

Checkpoint Systems Renews Lease in Thorofare
Checkpoint Systems, Inc., a leader in merchandise availability solutions for the retail industry, has renewed its lease for 104,000 square feet of flex space at 101 Wolf Dr. in Thorofare, NJ. The two-story building totals 104,000 square feet and is...

Aulder Capital Pays $44.5M for Foxwood Apartments
Aulder Capital acquired the 414-unit Foxwood Apartments in Newark, DE from Fairfield Residential for $44.5 million, or about $107,000 per unit. The apartment complex , located at 15 Fox Hall in Newark, DE, sits on 27 acres and was delivered in 1989...

CoStar Market Insights: Investor Appetite for Center City Apartments Reaffirmed in Q3
As Philadelphia gradually shook off the damage of the 2008 - 2009 financial crisis, affluent millennials and empty nesters began to converge on Center City's rental market. A boom in apartment acquisitions by major investors such as JPMorgan Chase and...

Hundreds of Localities Fortify Their Amazon HQ2 Bids with Hefty Financial Incentives
Under The Irvine Co.'s Spectrum Terrace proposal, Amazon would not be required to invest capital for land acquisition, buildings or entitlements. Amazon confirmed this week that 238 North American cities and regions submitted bids to be the home of...

Workhorse Leases Space in King of Prussia
Workhorse, a work vehicle manufacturing company, has signed a lease for 100,000 square feet at the industrial building located at 250 King Manor Dr. in King of Prussia, PA. The warehouse totals approximately 127,000 square feet and delivered in 1970...

Braeburn Pharma Leases 24,000 SF in Plymouth Meeting
Braeburn Pharma, a pharmaceutical company, has leased 23,805 square feet in the Interchange Corp Cntr @ Plymouth Mtg office building at 450 Plymouth Rd. in Plymouth Meeting, PA. The four-story building totals 91,305 square feet and was developed by...

Off/Aisle by Kohl’s Leases Space in Marlton Plaza
Off/Aisle, a Kohl’s retailer, has signed a lease for 35,689 square feet in the Marlton Plaza shopping center at 2005 Marlton Pike in Cherry Hill, NJ. Marlton Plaza totals approximately 133,235 square feet. It is currently owned, managed and leased...

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