2C — February 9 - 22, 2018 — Pennsylvania — M id A tlantic 4 January 12 5, A
Real Estate Journal
www.marejournal.com
P ennsylvania
Investment advisory team representing the seller includes Segal and Rodio HFF announces $47M sale of Vertex’s corporate headquarters in suburban Philadelphia K Christi e Sabl , CCIM, repr sents buy r in 25,270± s/f offi e buildin s le in Mount Joy Berger, CCIM, SIOR & Daniel Berger, J . f US Commercial Realty as ist buyer in 121,400± s/f sale and D niel Berger, Jr. , US Comme cial R al y
ING OF PRUSSIA, PA — Ho l l i d a y Fenoglio Fowler, L.P. (HFF) announced the $47 million sale of 2301 Re- naissance Blvd., a 189,502 s/f, class A office building that serves as the international corporate headquarters of Vertex, Inc. in King of Prussia. The HFF team represented the seller, Liberty Property Trust, and procured the buyer, M&H Properties. 2301 Renaissance Blvd. is situated on 15.5 acres within the 200-acre Renaissance Park corporate campus in King of A CASTE , PA — US Commercial Re- alty , a privately owned real estate company based in Lancaster, h s recently ar- r nged the fo lowing sales and leases: SALE: An undisclosed seller s ld a 48,750+/- s/f industrial building located at 2754 Creek Hill Rd., Leola to an u dis- closed buyer. The purchase p ice was $2,609,100. • Buyer was represented by: Harold Bare and Greg Hostetter, Hostetter Realty • Seller was represented by Daniel Berger, CCIM, SIOR L
ry team representing the seller included managing director Brett Segal and senior man- aging director Doug Rodio. n Five Kaplin Stew- art attorneys se- lected as 2017 PA Super Lawyers BLUE BELL, PA — Kaplin Stewart , with offices in Blue Bell and Philadelphia, PA, and Cherry Hill, NJ announced that five of our attorneys have been selected as 2017 Pennsylvania Super Lawyers. Gregg I. Adelman for Land Use/Zoning; Andrew B. Cohn for Construction Litigation; Marc B. Kaplin for Land Use/ Zoning; Robert A. Korn for Construction Litigation; and William J. Levant for Credi- tor Debtor Rights. In addition, Kaplin Stew- art’s 2017 Pennsylvania Rising Stars: Jessica A. Kubisiak for Business Litigation. Super Lawyers selected at- torneys for this honor using a patented multiphase selection process. Peer nominations and evaluations are combined with third party research. Each candidate is evaluated on 12 indicators of peer recognition and professional achievement. The objective of Super Lawyers is to create a credible, compre- hensive and diverse listing of outstanding attorneys that can be used as a resource for attor- neys and consumers searching for legal counsel. n Caracausa named Del Val Chapter Chairperson for the CRE for 2018 DELAWARE VALLEY — David J. Caracausa named Del Val Chapter Chairperson for the Counselors of Real Estate for 2018 David J. Caracausa has been a mem- ber of the “Counselors of Real Estate” (CRE) since 2013. This elite group and presti- gious organization consists of only just over 1,000 members worldwide. They are recog- nized for their commitment to excellence, knowledge, integ- rity, competence, community, trust, judgment and adhere to a strict Code of Ethics and Standards as Professionals in the Real Estate industry. Members bring a broad range of real estate experience and technical competency to as- signments. n building located at 400 Center- point Blvd., New Castle, DE, to an undisclose buye . The sale price for the complex was $6 million. • Buyer was assisted by: Daniel Berger, CCIM, SIOR, US Commercial Realty n NAI-CIR’s Kranias & Shefet ink shopping center sale in Dauphin County LEMOYNE, PA — Pro- posed 11,200 s/f retail develop- ment project sold in Dauphin County. Novo Real Estate Partners, LLC has sold the retail development project to Four Lemoyne Drive Associ- ates, LLC. Niko Kranias and Edan Shefet of NAI-CIR handled the transaction. n Niko Kranias Edan Shefet Barley Snyder hires Michael Katz LANCASTER, PA — Bar- ley Snyder has hired Michael Katz as an of counsel attorney in its Litiga- tion Practice Group. Katz comes t o B a r l e y S yder with two decades of litigation experience at the Beasley Firm and Lopez McHugh. A Lancaster County resident, Katz will focus his practice on commercial and fiduciary litigation working primarily in B rley Snyder’s York office. Katz also is a published fic- tion author. He wrote the 2007 Wild West-set novel Shalom on the Range , which currently has a 4.5 rating out of five on Amazon.com. “I’m very appreciative of the opportunity to join a pres- tigious firm such as Barley Snyder,” Katz said. “These are not only good lawyers, but good people, and I look forward to being a part of the Barley Snyder team.” The firm now stands at 81 attor eys, with more set to join the firm in early 2018. n Michael Katz
Prussia. This location is less than three miles to downtown Conshohocken, Radnor and the King of Prussia Mall and is a 30- to 40-minute drive from both Center City Philadelphia and Philadelphia Interna- tional Airport. Completed in 2002, the class A property is home to Vertex’s corporate headquarters and features 957 parking spaces, a state- of-the-art conferencing center, first floor locker rooms with showers, multiple break-out hubs per floor and a café with a living wall. The HFF investment adviso- SALE: Prospect Realty Com- pany sold a 25,270± s/f office building located at 15 Eby Chiqu s Rd., Mount Joy to Mi Atlantic Federal Land Credit ssociation. The pur- chase price wa $1,844,252. • Seller was represented by Daniel Berger, CCIM, SIOR and Daniel Berger, Jr., US Comme cial R alty • Buyer was repre - ented by Christine Sable, CCIM . SALE: An undisclosed seller sold a 121,400± s/f i dustrial
15 Eby Chiques Rd
2301 Renaissance Blvd. 40 Centerpoint l
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