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February 6, 2026
Insurance giant Cigna sheds half its downtown Philadelphia hub
One of the nation's largest insurance companies is adopting a shrunken real estate strategy, most recently with a move to offload more than half its space in a Philadelphia high-rise.
February 4, 2026
Brandywine to kick off $300 million sales strategy alongside improving office market
Office tenants, for the first time in years, are committing to more office space than they're planning to offload. One of Philadelphia's largest landlords is making sure it's best positioned to capitalize on the upswing by trimming its portfolio to focus on its best-performing properties.
February 2, 2026
Lilly manufacturing investment extends biotech trend; Tariffs drive up building material costs; Record Valentine's spending expected
Lilly manufacturing investment extends biotech trend
January 27, 2026
New hire at Transwestern Development to expand logistics development business line
Transwestern Development Co., the real estate developer affiliate of Transwestern that focuses on speculative and build-to-suit projects in the logistics, multifamily, office, mixed-use and healthcare sectors, has recruited Scott Henderson SIOR to its National Logistics Group as executive vice president of development.
January 22, 2026
Faropoint secures $223 million Blackstone loan for industrial portfolio
Faropoint is set to close on a $223 million loan this week backing its acquisition last summer of a 1.8 million-square-foot industrial portfolio across five states.
January 20, 2026
Philadelphia’s retail lease listings dominated by older properties
The amount of available retail space across Philadelphia is hovering at a multi-decade low, following several years of resilient retail demand. At the end of 2025, Philadelphia had just 17.6 million square feet of available retail space, a 5.5 million-square-foot decrease from the previous space availability peak of 23.1 million square feet at the end of 2020.
January 20, 2026
Mericle wraps construction on new bulk warehouse in the Humboldt Industrial Park
Mericle Commercial Real Estate Services has completed construction on its newest industrial building, a 248,000-square-foot, single-tenant warehouse located at 620 Oak Ridge Road in the Humboldt Industrial Park, located in Hazle Township, Pennsylvania. The building was completed in December 2025.
January 16, 2026
Philadelphia-area tubing and hose maker buys Bucks County facility in owner-user deal
New Age Industries, an employee-owned manufacturer of fluid transfer systems that produces specialized tubing, hoses, fittings, clamps and accessories, purchased the two-story industrial property in Southampton, Pennsylvania, it has occupied since 2000.
January 16, 2026
Joint venture to develop apartment complex in eastern Pennsylvania
A joint venture plans to develop a multifamily project in eastern Pennsylvania, building off its prior work in the area.
January 16, 2026
Online giant Amazon tries to choke off financing for luxury retail owner Saks Global
Saks Global is now battling with not only unpaid vendors but also its investor Amazon, as the online giant cries foul and tries to block financing for the luxury retailer’s Chapter 11 reorganization.
January 15, 2026
Delaware apartment complex purchased by Baltimore management firm for $76 million
Mt. Royal Management, a Baltimore-based property management group, has ventured outside its home state to acquire its first rental property in Delaware, closing on the purchase of Emblem at Christiana from New York Life Real Estate Investors for $76 million.
January 15, 2026
Swiss investor buys downtown Philly mixed-use building as potential residential conversion
A mixed-use building in Center City Philadelphia's popular shopping district traded hands, and its new owner has several options for what to do with it, including possibly converting it into multifamily use.
January 15, 2026
In-demand newer retail properties outperform older competition
Newer retail properties built since 2010 have demonstrated unwavering resilience, with increasing occupancy recorded each quarter. Across Philadelphia, retailers continue to favor newer, higher-quality space, while older buildings struggle to retain tenants when the market softens.
January 12, 2026
Beverage maker signs Philadelphia's largest industrial lease since pandemic
A company that calls itself the biggest canned beverage contract manufacturer in North America plans to establish a flagship East Coast facility after signing the largest industrial lease in Philadelphia since 2020.
January 8, 2026
Trophy to troubled: Former GSK building in Philadelphia trades at 60% discount
A global pharmaceutical giant's former Philadelphia hub that once set a pricing record has sold for a major discount after the loss of its anchor tenant.
January 8, 2026
Saks Global wants to sell real estate hosting Pennsylvania’s new Netflix House
The first-ever Netflix House entertainment-and-shopping venue debuted at a Pennsylvania mall two months ago. Now the building where it's located, a former Lord & Taylor store, is up for sale.
January 7, 2026
US office leasing increases 5% in past year
Office tenants signed up for an estimated 410 million square feet of space in 2025, a meaningful increase over the prior year. Still, persistently smaller deal sizes and a wide variation in leasing across major cities indicate a choppy recovery from the post-pandemic doldrums.
January 6, 2026
Roofing materials manufacturer renews three leases ahead of $1.3 billion company sale
OmniMax International, a maker of roofing products, renewed leases totaling about 500,000 square feet of industrial space in the Atlanta, Philadelphia and Sacramento markets as it prepares to be acquired by a larger building materials company.
January 6, 2026
Drexel secures major expansion at new life science facility in Philadelphia's University City
Drexel University, which had preleased about 60,000 square feet in a new life science building at 3201 Cuthbert St. before construction began, significantly expanded its lease in the newly completed facility, developed by Gattuso Development Partners in partnership with Vigilant Holdings, to more than double its space to over 150,000 square feet.
January 5, 2026
Health-centric bathhouse concept looks to take plunge with US expansion plans
A New York-based social wellness club plans to open facilities coast to coast, betting the experiences it offers are the right fit for Americans these days as the company plots its expansion.

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Insurance giant Cigna sheds half its downtown Philadelphia hub

Brandywine to kick off $300 million sales strategy alongside improving office market

Lilly manufacturing investment extends biotech trend; Tariffs drive up building material costs; Record Valentine's spending expected

New hire at Transwestern Development to expand logistics development business line

Faropoint secures $223 million Blackstone loan for industrial portfolio

Philadelphia’s retail lease listings dominated by older properties

Mericle wraps construction on new bulk warehouse in the Humboldt Industrial Park

Philadelphia-area tubing and hose maker buys Bucks County facility in owner-user deal

Joint venture to develop apartment complex in eastern Pennsylvania

Online giant Amazon tries to choke off financing for luxury retail owner Saks Global

Delaware apartment complex purchased by Baltimore management firm for $76 million

Swiss investor buys downtown Philly mixed-use building as potential residential conversion

In-demand newer retail properties outperform older competition

Beverage maker signs Philadelphia's largest industrial lease since pandemic

Trophy to troubled: Former GSK building in Philadelphia trades at 60% discount

Saks Global wants to sell real estate hosting Pennsylvania’s new Netflix House

US office leasing increases 5% in past year

Roofing materials manufacturer renews three leases ahead of $1.3 billion company sale

Drexel secures major expansion at new life science facility in Philadelphia's University City

Health-centric bathhouse concept looks to take plunge with US expansion plans

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