PHILADELPHIA -- Kimco Realty Corp. sold a property on Walnut Street in Center City for half the amount it bought it for five years ago. Pearl Properties of Philadelphia bought 1701 Walnut St., an eight-story office building that has Juicy Couture as one of its…

PHILADELPHIA -- Hal Wheeler wanted to transform the skyline of Baltimore. The Philadelphian’s plans for a 59-story, $400 million tower on a parking lot just steps away from the city’s famed Inner Harbor was the talk of mid-Atlantic real estate. The tower, which would have been…

PHILADELPHIA -- The historic Boyd, one block off Rittenhouse Square on Chestnut Street, has always had a devoted fan base who wanted to see the Art Deco theater preserved and Hal Wheeler stepped in to fill that role. After it closed in May 2002, the owner of…

PHILADELPHIA -- Korman Communities has taken an ownership stake in the Benjamin Franklin House, a landmark apartment building along Chestnut Street near Philadelphia’s Old City historic area. The Plymouth Meeting apartment owner declined to disclose details of the transaction other than it will take over…

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…