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PGIM Real Estate provides $129m to refinance Philadelphia industrial center

by Released | Nov 21, 2024

PGIM Real Estate has provided a $129.12 million senior loan on behalf of its core-plus strategy to Logistics Property Co. (LogiPropCo) for the refinancing of Box Park Logistics Center. Located in Cinnaminson, N.J., a Philadelphia suburb, the property features a class A industrial building spanning 1.2 million square feet.

Savanna acquires class A office building in Manhattan for $255m

by Denise Moose | Nov 20, 2024

Savanna, a New York City-based real estate investment manager, owner/operator and developer, announced it has acquired 799 Broadway, a 12-story, 176,588-square-foot, trophy-quality class A office building with ground-floor retail located in the Greenwich Village neighborhood of lower Manhattan.
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