Sublease warehouse listings in Philadelphia have climbed to a new high, reshaping availability as occupiers trim footprints and landlords offer more concessions.

Upper Darby officials, preservationists and developers are weighing options for the closed Tower Theater on 69th Street — from restoration to full redevelopment. An April Urban Land Institute panel will lay out possible plans.

The Episcopal Diocese of Pennsylvania has chosen The Michaels Organization to evaluate repurposing 26 church properties into housing and mixed uses across Philadelphia and nearby counties.

Southern Land replaced a near-term construction loan with a $145M refinance for The Josephine, stabilizing the Rittenhouse Square tower’s capital stack.

Rubenstein Partners secured a $127M refinancing for the 1.1M‑sqft Chesterbrook campus after investing tens of millions in renovations and landing new leases.

A new zoning bill would let developers build more apartments within a quarter‑mile of SEPTA stations, part of Mayor Parker’s broader H.O.M.E. housing push. City Council will now review the package.

Bright MLS data show Chestnut Hill led Philly’s list with a $751K median in 2024 while the citywide median stayed near $265K. Several ZIP-code clusters now trade above $500K.

Eastern University closed on 33.3 acres from Valley Forge Military College on Feb. 27, adding stadiums, housing and fields to its St. Davids footprint.

Two national builders have opened sales centers and model homes in Sellersville, promising more than 250 new homes combined across separate developments.

A Pinnacle Realty compromise for 207 homes on the former Freddy Hill Farms parcel has reopened debate in Towamencin over traffic, schools and open space. Supervisors want engineering answers before deciding.

Wilmington-based 9th Street Development is buying two State Street buildings in Kennett Square; 128 E. State will be converted into about 60 apartments while 101 stays office and medical.

A lender has listed Willow Grove Park Mall after a $170M loan matured, putting most of the mall on the market and raising questions about redevelopment in Willow Grove.

Penn and Drexel are slowing new construction in University City, prioritizing repairs and consolidation as enrollment projections and city rules reshape development.