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Empire Realty Sells Philly Shopping Center

Empire Realty Sells Philly Shopping Center

Empire Realty Investments Inc. has sold Bensalem Shopping Center, a 109,057-square-foot grocery-anchored retail center in Bensalem, Penn., a Philadelphia suburb. A private investor paid $20.1 million for the asset, financing the purchase with a $15.4 million loan from the Bank…

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Empire Realty Sells Philly Shopping Center

Empire Realty Sells Philly Shopping Center

Empire Realty Investments Inc. has sold Bensalem Shopping Center, a 109,057-square-foot grocery-anchored retail center in Bensalem, Penn., a Philadelphia suburb. A private investor paid $20.1 million for the asset, financing the purchase with a $15.4 million loan from the Bank…

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Comings & Goings – Property Industry Eye

Comings & Goings – Property Industry Eye

Zoopla unveils new CEO Paul Whitehead Zoopla has announced the appointment of Paul Whitehead as chief executive officer, alongside a number of changes to its leadership team, including the appointment of Sam Fletcher as chief finance officer. Whitehead rejoins Zoopla…

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Sumitomo Subsidiary Inks 142 KSF Boston Lease

Sumitomo Subsidiary Inks 142 KSF Boston Lease

W. P. Carey expects the redevelopment efforts to be completed by late 2025. Image courtesy of Newmark Persimmon Technologies, a subsidiary of Sumitomo Heavy Industries, has signed a 142,224-square-foot, long-term lease with W. P. Carey in Bedford, Mass. Newmark represented…

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