Liberty (LPT) Sells Suburban Office Assets in Philadelphia

Liberty Property (LPT) sells 800 Walnut Street in Philadelphia, PA, for $99.25 million. This is in line with its aim to shed its office portfolio and focus on indu.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The Philadelphia firm known for converting office buildings into residential continues expanding its multibillion-dollar portfolio of industrial outdoor storage assets......»»

The company acquired the building in 2017 for $148.5 million......»»

First quarter data don't show the affects the coronavirus may have on the office market......»»

As part of its divestment in office properties, Liberty Property Trust has closed on the sale of a building that houses Axalta Coating Systems Ltd.’s Global Innovation Center at the Philadelphia Navy Yard for $61.2 million. Apex Capital Manage.....»»

KBS Real Estate Investment Trust II (KBS REIT II) has sold an office campus in Florham Park, New Jersey for $311 million in the largest New Jer.....»»

This week's Lists takes a look at the largest office buildings across the Philadelphia region. One list specifically narrowed in on the Central Business District, while the other ranks properties across the suburban market. The Lists, using CoSta.....»»

Liberty Property Trust's deal comes as the Malvern firm has been shifting from owning and developing office buildings to focusing on industrial real estate......»»

The 1801 E. Sixth St. office building in East Austin sold to an entity connected to a global asset management company with more than $1 billion in assets, according to public records......»»

Zacks.....»»

SL Green Realty (SLG) announces the sale of 1745 Broadway and two suburban office assets for $190 million as part of its strategy to shed non-core assets and use the proceeds to fun.....»»

4840 Westfields Blvd. in Chantilly, Virginia, is one of six suburban office buildings purchased by affiliates of Portnoy Family Office and being contributed to RMR's new office fund. RMR Group I.....»»

Lexington Realty Trust is accelerating its push towards industrial properties with a recapitalized a portion of its suburban office assets into a joint venture. Lexington, a REIT .....»»

ArcelorMittal, the world's largest steel producer, has agreed the sale of plants in the Czech Republic, Romania, Macedonia and Italy to Liberty House to satisfy regulatory requirements for its acquisition of Italian steelmaker Ilva......»»

Brookfield has moved the renewable energy company it bought last year into its office property at 200 Liberty Street. TerraForm Power owns and operates wind and solar assets around the globe, including 176 MW in New York S.....»»

Nashville, Tennessee-based Cumberland Trust & Investment Co. has selected Philadelphia as the site of its first office in the Northeast. Cumberland is the corporate trustee for roughly $3.3 billion in assets across the country, with clients spread acr.....»»

Liberty Property Trust's (LPT) latest efforts are a strategic fit owing to growing demand for industrial properties amid economic rec.....»»

Related Stocks: LBRT,.....»»

Regulators decided to seize Republic First after more than two years of turbulence, and reached an agreement with Fulton Bank to assume all of its deposits and 32 branches......»»