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ALLENTOWN
One Windsor
7535 Windsor Drive
Suite 208
Allentown, PA 18195 
+1 610 770 3600

CONSHOHOCKEN
Eight Tower Bridge
161 Washington Street
Suite 1090
Conshohocken, PA 19428 
+1 610 684 1850

HARRISBURG
300 N. Second Street
Suite 1203
Harrisburg, PA 17101
+1 717 730 3752

MOUNT LAUREL
1317 Route 73
Suite 109
Mount Laurel, NJ 08054
+1 856 234 9300

WILMINGTON
300 Delaware Avenue
Suite 1014
Wilmington, DE 19801
+1 302 425 4000

 

 

In The News

Recent Local Press

  • Use of Big-Box Industrial Space Soars in Valley and is Projected to Rise Even Higher

    A new report by Colliers International Group Inc. of Philadelphia shows demand from logistics and e-commerce users has made the Lehigh Valley market emerge as one of the most robust in the nation. “In our opinion, that’s what’s really the main ingredient that drives the demand we see,” said Mark Chubb, Senior Managing Director of Colliers.“There’s no other market tighter than the Lehigh Valley.”

  • Warehouse Demand Still High in the Midstate

    With white-hot leasing activity, demand for new warehouses in the midstate isn't expected to slow down anytime soon, according to a new report from Colliers International Group Inc.

  • Environment, Economy Can Work in Harmony, Chamber Panel Says

    What makes the Lehigh Valley attractive for development? A group of panelists at the Greater Lehigh Valley Chamber of Commerce's Energy & Environment Outlook Friday rattled off the most-often cited factors: proximity to major metropolitan markets, quality of life, and a regional problem-solving approach as opposed to parochialism. But other answers also emerged.

  • Annual Broker Tour Aims to Bring Business to Cecil County

    Two coach buses filled with commercial real estate brokers and county and state economic development officials toured six commercial/industrial parks Wednesday in hopes of sparking future business deals that could spell jobs for Cecil County.

  • Chicago Investor Buys Pennslyvania Lottery Building

    Boyd Middletown DGS LLC, a Chicago-based real estate investment firm, acquired the Pennsylvania Lottery building at 1200 Fulling Mill Rd. in Middletown, PA for $14.9 million.

  • Colliers International Completes Numerous Transactions in Philadelphia County Valued at $7M

    Michael Barmash of Colliers International in Philadelphia concluded multiple transactions in Philadelphia County valued at $7,000,000.

  • Old Nabisco Plant Sold, to be Redeveloped

    An affiliate of Provco Group has paid $10.2 million for the former Nabisco and Mondelēz International factory at 12000 Roosevelt Blvd. in Northeast Philadelphia in a deal that was sealed up a year after the plant ceased production and was shuttered.

  • Colliers International Facilitates Sale of Industrial Facility for $2.85M

    Colliers International announces the sale of a 35,150 SF industrial facility situated on 3.18 acres for $2.85M. The site, located in the Birch Run Industrial Park at 16 Hagerty Boulevard in West Chester, PA, was the former home of VF Technologies.

  • Suburban Philly Office Building Up for Sale

    Insalaco Development Group has selected Colliers International to market for sale The Constitution Building, a suburban office development located at 1950 St. Road in Bensalem, Pa., Lower Bucks County, which is part of metro Philadelphia.

  • Mini-Fitness Centers Going Gangbusters in the Burbs

    Mini-fitness centers, such as CKO (Club Knock Out), SoulCycle, and Orangetheory Fitness, among others, are popping up throughout the suburbs and often at your local shopping center. "It's a huge trend," said Todd Sussman, senior vice president of retail for Colliers International, who recently placed an I Love Kickboxing studio in Jenkintown.

  • BB&T brings change to Shenandoah, Pottsville

    Next week, one National Penn Bank location in Schuylkill County will close and another will officially become a branch of BB&T Corp. A sign for a real estate agency, Colliers International, was recently put up in the parking lot.

  • Dermody Properties Breaks Ground on New Warehouse

    Dermody Properties and Great Point Investors LLC have broken ground on a new 393,120-square-foot distribution center at 2810 Oldmans Creek Road in Logan Township, NJ. Marc Isdaner, Michael Zerbe and Mark Chubb of Colliers International are marketing the property for lease.

  • Colliers International Facilitates New Office Lease at The Curtis

    Colliers International is delighted to announce 365 Health Services LLC has joined The Curtis’s office community. 365 Health Services LLC will relocate its operation from The Bourse Building to a 3,500-square-foot suite at The Curtis.

  • Foreign Retailers have Become Increasingly Infatuated with the Idea of Making it Big in America

    This year's International Council of Shopping Centers convention, ReCon for short, showed the growing interest. A growing part of the 35,000-plus who descended on Vegas came from overseas. There were 783 international attendees, up from 731 last year. There were 20 foreign-based exhibitors, double last year's number. The international invasion will likely continue, said Todd Sussman, Senior Vice President of retail for Colliers, who represents tenants and is based in Philadelphia.

  • Kelly Berfield of Colliers International Appointed as Board Chair for the Habitat for Humanity of the Lehigh Valley

    Congratulations to Kelly Berfield, Senior Vice President, Colliers International-Allentown on being appointed Board Chair for the Habitat for Humanity of the Lehigh Valley. This is Kelly’s 5th year working with Habitat for Humanity of the Lehigh Valley.

  • International Companies Staking out U.S. Turf at ReCon

    It's about supply and demand: Very few new malls are being built in the U.S., but there's plenty of growing demand among international retailers to come here, say mall experts. They've watched the success of their foreign brethren - H&M of Sweden, Zara of Spain, Uniqlo of Japan, and, most recently, Primark of Ireland, all "fast fashion" or high-volume, value-oriented retailers - and want a piece of the American action.

  • Carpenter Technology to Take Space in Mellon Bank Center

    Carpenter Technology Corp. is taking space in Mellon Bank Center for its new Philadelphia headquarters. The company is leasing approximately 22,000 square feet in the office tower at 1735 Market St. in Philadelphia's Central Business District.

  • When Should I Start to Think About My Lease Renewal?

    Whenever there is an endpoint in a lease – whether it is an expiration or termination option – an opportunity is created for the prepared tenant. Up-market or down-market, the moment there is a potential break point in your lease is the time to evaluate how your company is utilizing the space it is in and whether your real estate is aligned with your mission.

  • Lehigh Valley Retail Development is Up, and Class A Values Top Pre-Recession Highs

    The Lehigh Valley has experienced significant residential growth over the last 20 years, and retail development is now catching up.

  • Deep Discounts for Shoppers as Sports Authority Ends its Run Starting Sunday

    When a big-box retailer collapses, all of that real estate has to be filled again. A store's closure can lessen traffic to a shopping center. Among those charged with finding new tenants for some of the region's Sports Authority locations is Todd Sussman, senior vice president of retail for Colliers International, who is based in Center City.

  • Viewpoint: If Offices Don’t Evolve, they Become Extinct

    Delaware’s strategically focused companies are all about disruption, turning the old office model on its head. Technology, connectivity, and perceptions about how work gets done are changing so rapidly that the focus of today’s discussions about office space design has changed from a demand for cheap space to a demand for “smart” space.

  • Downtown office vacancy rate lowest since 2009

    An update from The Buccini/Pollin Group, Inc. reported that the downtown Wilmington central business district (CBD) office market ended 2015 with a 15.2 percent vacancy rate.

  • Larken Associates’ Tilghman Square Shopping Center is Now 100% Leased

    Since purchasing Tilghman Square Shopping Center in 2009, Larken Associates’ renovations, reasonable leasing rates, and marketing acumen have turned the area eyesore into an appealing location for well-known brands. Larken’s renovations to the mall included new landscaping, new curbing and islands, new decorative cross walks and repaving of the main transit driveway and an outparcel for Moe’s Restaurant. The shopping center is currently 100 percent leased including the outparcels.

  • Colliers International Facilitates Lease in Rittenhouse Square

    Having proven their sandwich mettle with the success of their 2 Logan Square shop, Matt & Marie’s - an award-winning Modern Italian restaurant - opened its second location at 118 S 18th Street in Rittenhouse Square on February 19th.

  • REscour’s Broker Spotlight with John Banas

    This month we had the pleasure of interviewing John Banas Senior Vice President at the Philadelphia Office of Colliers International.

  • Brooklyn Firm to Develop Former West Philly High Building as Apartments

    A Brooklyn developer has secured $24 million in financing for its redevelopment of the former West Philadelphia High School building into a 298-unit apartment property. Colliers International Capital Markets said in a release Friday that it had arranged the loan for the acquisition and redevelopment of the 442,200-square-foot, four-story structure.

  • Office Market: Rising Rents, Low Vacancies

    Philadelphia’s suburban office market closed out the year on a strong note as tenants and brokers wrapped up a flurry deals that has led to some submarkets to tighten up as demand, in some cases, has started to outstrip available space.

  • Colliers: A Strong 2015 Office Leasing Market Could See Challenges this Year

    The northern Delaware office leasing market had a good 2015, although headwinds are likely this year.

  • Comcast Bolstering Presence in Voorhees, Adding 42K SF

    Comcast Corporation is expanding its already large presence at the Voorhees Technology Center, Colliers International announced Monday. Comcast, already a tenant in the Voorhees building, is growing its footprint by 42,000 square feet in early 2016, bringing its total to more than 150,000 square feet at the 401 White Horse Road property.

  • City’s new Class B scene: ‘You need to grab it’

    Cathy Coate, an office broker with Colliers International, is facing an unusual situation when advising clients who typically seek to lease less expensive Class B offices in Center City.

  • Lancaster County Hospitality Portfolio for Sale

    Colliers International is marketing a Lancaster County hospitality portfolio that includes Miller's Smorgasbord, Plain & Fancy Farm and the AmishView Inn & Suites.

  • Information Technology Services Company Coming to Wilmington

    Alpha Technologies USA, Inc. has purchased an office building on King Street in downtown Wilmington for use as an information technology services center.

  • South Jersey Landlords Must Compete for Tenants

    Tenants have a lot of options in South Jersey office these days, so it behooves landlords to show vacant space well during space tours, Colliers International Southern New Jersey's Evan Zweben tells us.

  • 29-Building Suburban Portfolio Sells for a Reported $183M

    Brookwood Financial Partners closed Wednesday on a 29-building office portfolio that gives it a major footprint in the Philadelphia suburbs. As part of the transaction, employees who oversaw the properties for Brandywine will work with Brookwood. John Susanin, Kyle Hilbert, Matthew Shanahan and Amanda Montemuro of Colliers International will handle leasing.

  • Insurance Firms Move to Mount Laurel

    Evan Zweben of Colliers International’s Southern New Jersey office recently concluded two new lease transactions at Laurel Corporate Center. Zweben represented the tenants in both transactions.

  • Suburban Office Market Hot in Philly

    Colliers International leased one of the last large blocks of contiguous Class A office space in the heart of Philadelphia’s suburbs to a single user. The 75,000-square-foot property at 335 Commerce Drive in Fort Washington will become the new headquarters for TruMark Financial Credit Union. The company also plans to open a branch location with a drive-thru on-site.

  • Camden Warehouse could become Offices and Shops

    Plans are in motion to transform a historic warehouse on the Camden waterfront into a modern office building with retail space on the ground floor, a project the developer hopes to start by the end of the year.

  • Philadelphia Investor to Sell Southpointe Portfolio

    The Capital Markets division of Colliers International recently began working to sell the Fountainhead, 121 Hillpointe and 130 Technology Drive, a package of properties owned by a controlling interest of Philadelphia-based Macguire & Partners Property Group.

  • Colliers International Facilitates South Jersey Office Park Leases

    Colliers International’s southern New Jersey office announced Thursday it has completed two lease transactions that total 6,715 square feet in the Elmwood Business Park in Marlton.

  • Colliers to handle leasing for 300 Delaware Avenue

    The Colliers Wilmington team of Rick Kingery and Lisa Bariglio, were selected to exclusively represent Brandywine Realty Trust as leasing agents for 300 Delaware Avenue.

  • Dietrick Group Merges Real Estate Divisions with Colliers International

    South Whitehall Township-based real estate advisory company Dietrick Group LLC has agreed to merge its brokerage and property management divisions into Colliers International.

  • Comcast, Liberty Buy Land for What Could be Third Comcast Tower

    For the first time, Comcast Corp. and Liberty Property Trust acknowledged Tuesday they were partnering on a third real estate deal in Center City, which some have speculated could be the site of another Comcast office tower.

  • Old Delaware River club Site for Sale

    The Delaware River pier where the KatManDu nightclub once operated is for sale. Pier 25, now the site of Cavanaugh's River Deck, has been listed by Colliers International.

  • NJ Gives Philly Firm $3.1M Tax Break for $1.3M Building

    Berry & Homer, which prints ads on fabric to wrap around vehicles and buildings, is leaving its home at 2035 Richmond St. in Philadelphia's Port Richmond section for a warehouse at 7150 Westfield Ave., Pennsauken, N.J. after New Jersey approved a $3.14 million, 10-year tax incentive so the firm can buy the building for $1.3 million.

  • JLT Re Finds a New Home in United Plaza

    After conducting a search of its options throughout Center City, JLT Re North America Inc. has decided to lease space in United Plaza where, having taken on some room to spare, it intends to grow.

  • Algatt Joins Colliers in Conshohocken

    Jeff Algatt has joined Colliers International's investment division in Philadelphia. Based in the firm's Conshohocken office, he will assist clients with the acquisition and disposition of office, industrial, and net-leased investments.

  • Frites Restaurant to Open Flagship Store in the Lehigh Valley Mall

    The Lehigh Valley Mall will soon be home to a Frites Restaurant. Scott Horner of Colliers International in Allentown recently secured a 1,426 retail lease on behalf of their client, Frites Enterprises, LLC at the Lehigh Valley Mall.

  • Pennsauken Office Building Sold to Cherry Hill Company for $1.75M

    A Cherry Hill health care receivables management company has purchased a Pennsauken building for $1.75 million, real estate services firm Colliers International announced Monday.

  • Prime Delaware River Waterfront Investment Offering

    Colliers International is pleased to present a new development offering to investors for an opportunity to acquire a prime waterfront site with lucrative development potential.

  • Korman Commercial Sells Interstate Business Park Building 24

    Marc Isdaner of Colliers International’s Southern New Jersey office represented Korman Commercial Properties, Inc. in the sale of a single-story, 74,000-square-foot industrial building.

  • Colliers International to Market Class-A Medical Office Availabilities in Southern New Jersey Virtua Health & Wellness Center in Moorestown, NJ

    Colliers International’s Southern New Jersey Office team of Evan Zweben, Brian Sherlock and Joseph Fetterman have been selected to market the available space at the Virtua Health & Wellness Center – Moorestown, on behalf Health Care REIT, Inc.

  • Colliers International to Market Moorestown Medical Complex

    Real estate services firm Colliers International announced Tuesday that it has been chosen to market the available space at the Virtual Health & Wellness Center in Moorestown.

  • Laundry Company Buys Bellmawr Building

    Industrial laundry company Bellmawr Laundry LLC purchased a 74,000-square-foot industrial building from Korman Commercial Properties, Inc., for $2.81 million, according to real estate services firm Colliers International.

  • Growing Window Retailer to Move into Larger Space

    A Lehigh Valley retailer is moving into a facility that will more than double its size and increase its visibility.

  • Colliers Sells Hi-Tech Building for $18.3M

    Colliers Philadelphia recently concluded the sale of a 675,608-square-foot high-tech warehouse/manufacturing/office building in the heart of the strong Philadelphia technology and life sciences marketplace.

  • Colliers International in Philadelphia Continues Expansion Adds Capital Markets Group

    Colliers International is pleased to announce the formation of the Philadelphia Capital Markets Group. The Capital Markets Group focuses on the entire capital structure specific to each real estate transaction, and has the ability and experience to structure and place innovative transactions that satisfy the needs of both borrowers and lenders.

  • Colliers International Expands Healthcare Services Team in Philadelphia

    Michael J. Sher has joined Colliers International as Senior Managing Director of the Healthcare Services Group. In addition to the Colliers Philadelphia healthcare team, Colliers Healthcare Services Group includes over 75 professionals across the United States.

  • Coate Elected President of Philadelphia SIOR

    Cathryn Coate, an office broker with Colliers International, has been elected president of the Philadelphia Chapter of the Society of Industrial and Office Realtors.

  • Church is Taking Space with Quite a History

    The First Church of Christ Scientist has finally found a new home. It took about a year to find the right space but the church found it at 225 Chestnut Street in Old City. There it leased 2,450 square feet.

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