Press Releases

MULTI-USE OPPORTUNITY AVAILABLE FOR IMMEDIATE SALE THROUGH NAI MERTZ, LOCATION IN LEVITTOWN, BRISTOL TWP, PA ZONED LIGHT MANUFACTURING

August 26, 2008 - (RealEstateRama) — The brokerage team of Max Silver, Adam Lashner, and Jeffrey Licht, SIOR at NAI Mertz is leading marketing efforts for a multi-use opportunity for the property at 2215 Edgely Ave. in Levittown, Bristol Township, PA that is available for immediate sale.

Phillips Edison & Company Acquires Shopping Center in Pennsylvania

BALTIMORE, March 12 /PRNewswire/ — Phillips Edison & Company, a retail real estate owner, manager and developer, announced the purchase of Orchard Plaza in Altoona, Pennsylvania. Orchard Plaza is an 83,438 square foot center anchored by Big Lots.

Congressional Budget Impasse Threatens Homes for Thousands of Pennsylvanians

GLENSIDE, Pa., Dec. 11 /PRNewswire-USNewswire/ — Congress is set to vote today, December 11th, 2007 on housing funds in the continuing battle with the White House about domestic spending priorities.

The Great Escape Theatres Opens New 14-Screen Theater at Feldman Mall Properties’ Harrisburg Mall

HARRISBURG, Pa., Nov. 19 /PRNewswire-FirstCall/ — Feldman Mall Properties, Inc. (NYSE: FMP), a real estate investment trust (REIT) exclusively focused on the renovation and repositioning of enclosed regional shopping malls, announces the grand opening of the new Great Escape Theatre at the Harrisburg Mall in Harrisburg, PA.

Simon’s Chelsea Division Opens Philadelphia Premium Outlets(R)

LIMERICK, Pa., Nov. 8 /PRNewswire-FirstCall/ — Chelsea Property Group, a division of Simon Property Group, Inc. (NYSE: SPG), the country’s largest owner, developer and manager of high quality retail real estate, opened Philadelphia Premium Outlets(R) this morning in Limerick, Pennsylvania. Located 35 miles northwest of downtown Philadelphia off of Route 422 at the Sanatoga exit, […]

The Missing Link in Green Building Design

Sacred Design has a positive impact on employees, productivity, and business relationships.
ALLENTOWN, Pa., Nov. 6 /PRNewswire/ — Eco-friendly efforts have fueled the rise in green building. But despite positive results, many projects have become so technically-focused that they’ve missed an essential element of the process — Sacred Design.

Notice of Filing of Securities Class Action Against Inland Western Retail Real Estate Trust, Inc., Certain of Its Directors, Officers and Affiliates, and William Blair & Company, L.L.C.

HAVERFORD, Pa., Nov. 5 /PRNewswire-USNewswire/ — The law firms of Chimicles & Tikellis LLP, Labaton Sucharow LLP and Wolf Haldenstein Adler Freeman & Herz LLP announce that a securities class action complaint has been filed in the United States District Court for the Northern District of Illinois charging Inland Western Retail Real Estate Trust, Inc. […]

GMH Communities Trust Announces Settlement of Class Action Lawsuit and Other Related Litigation

NEWTOWN SQUARE, Pa., Nov. 5 /PRNewswire-FirstCall/ — GMH Communities Trust (NYSE: GCT), one of the leading providers of housing, lifestyle and community solutions for college students and members of the U.S. military and their families, today reported that it has reached a final settlement agreement with the lead plaintiffs in the class action lawsuit brought […]

Rendell Administration Continues Its Investment in Allentown’s Future

HARRISBURG, Pa., Oct. 24 /PRNewswire-USNewswire/ — The Department of Community and Economic Development Secretary Dennis Yablonsky today announced Pennsylvania’s investment in an Allentown townhouse project.

GMH Communities Trust Acquires Ownership Interest in Navy Southeast Region Military Housing Privatization Project

Initiative Comprises 11 Naval Bases in Five States; One of the largest PPV Housing Initiatives to date
NEWTOWN SQUARE, Pa., Oct. 18 /PRNewswire-FirstCall/ — GMH Communities Trust (NYSE: GCT), announced today that on October 1, 2007, its military housing division, GMH Military Housing, acquired an ownership interest in the Navy Southeast Region Military Housing Privatization Project […]