Please enjoy this week’s edition of Capstone Law’s Philadelphia Real Estate Trends: Just when I thought that Philadelphia could put to rest its “workshop of the world” industrial past, cold cuts giant Dietz and Watson Co. announced a major expansion of its North Philadelphia manufacturing and logistical operations. Dietz and Watson will construct a $50 million, 200,000 square foot trucking and distribution center next to …
National Investors Invade Philadelphia; Land Bank for Vacant Properties; and Famous Chefs Enter South Jersey
Please enjoy the Halloween edition of Capstone Law’s Philadelphia Real Estate Trends: National investors continue to flock to Philadelphia’s multi-family assets. This past summer, Chicago-based The John Buck Company opened its 34-story luxury apartment complex at 2116 Chestnut Street. On the heels of the JBC investment comes word this week that Los Angeles-based Lowe Enterprises Investors acquired the Granary from Philadelphia’s Pearl Properties for approximately $120 …