PHILADELPHIA -- Two properties in the heart of Center City’s retail corridor have traded even though the frequency of such sales are few and far between. Pearl Properties, a Philadelphia real estate investor and developer, bought 1510-12 Chestnut St. for $4.2 million from a local…

PHILADELPHIA -- The fine print: DP Partners buys Logan distribution center Here are some recent deals that have me noticing that leasing and sales are starting to pick up: DP Partners bought a 259,910-square-foot distribution center on 14 acres in LogistiCenter in Logan, N.J. DP…

PHILADELPHIA -- The Inn on Locust, which helped redefine a seedy section of Locust Street in Philadelphia, is set to return to its roots as a boutique hotel after the owner toyed with the idea of converting it into condominiums. AFC Realty Capital Inc. of…

PHILADELPHIA -- AMC Delancey Group Inc., seeking ways to seize on opportunities in a shifting commercial real estate market, has decided to focus on the walk-up apartment. A staple of city living, the walk-up has no elevator and renters must typically walk up stairs to…

PHILADELPHIA -- Colorcon Inc. has finalized plans for a new global headquarters in Lower Salford. The company, which makes coatings for candy and medicines, is commencing construction on an 89,000-square-foot building that is designed to partially be built into the side of a hill, making…

PHILADELPHIA -- A dilapidated building off East Passyunk Avenue in South Philadelphia is set to undergo nearly $2 million in renovations to be transformed into a new gym by two local entrepreneurs who are taking a stab at establishing their own fitness franchise. Scott Caplan…

PHILADELPHIA -- Society Hill Furniture, which spent the last 45 years as a mainstay on Chestnut Street in Center City, has closed and the owner has sold the building. The Schaffers, a Philadelphia family, bought 1031-33 Chestnut St. in 1963 and operated its well-known furniture…

PHILADELPHIA -- College Manor, a landmark apartment complex in Center City that was constructed at the turn of the 19th century, sold for $8.6 million. College Manor totals three buildings at 9th and Pine streets and Spruce Street and has 86 apartment units. The buildings…

PHILADELPHIA -- A building along an ever burgeoning Chestnut Street in Center City has traded hands and will likely remain an office building for now. The 15-story, 90,000-square-foot structure at 1201 Chestnut St. was sold for $8.6 million by a private Bala Cynwyd partnership to…

PHILADELPHIA -- American Equity Development & Management Co. broke ground on a new two-building, 25,000-square-foot office complex in Lower Gwynedd, seeking to seize onto its location near three Montgomery County hospitals. Called Gwynedd Gate, the complex at 1600 N. Bethlehem Pike will aim to attract…

PHILADELPHIA -- Buccini Pollin Group bought Five and Six Executive Campus, an office complex in Cherry Hill for $17.6 million. Brandywine Realty Trust of Radnor sold the two buildings, which total 167,500 square feet. Five Executive, which sits at Kings Highway and Harvard Avenue, totals…

PHILADELPHIA -- The area called East of Broad Street in Center City, long in the shadow of its more successful, fast-changing brother -- West of Broad -- is on the verge of coming into its own. A bevy of current and anticipated activity covering a…

PHILADELPHIA -- Crescent Heights has paid $30 million for the Arts Tower, making it the fourth residential project the Miami-based real estate company has taken on in Center City. Crescent Heights plans to convert the Arts Tower, a 16-story apartment building at the corner of…

PHILADELPHIA -- A budding trend in the Center City real estate scene is putting a new twist on the practice of flipping real estate. While the red-hot real estate market enticed investors to flip -- buying condominiums or fixer-uppers in hopes of seeing values quickly…