Best Real Estate Deals of 2021: Announcing this year's honorees
The Philadelphia Business Journal annually honors the Best Real Estate Deals in Greater Philadelphia, including the individuals behind them.
With an abundance of projects brokered, completed or in the many stages in between, there was no shortage of deals to choose from this year. Honorees were determined by an outside panel of judges from projects nominated by the public. Some honorees were also suggested by the judges. In total, 30 projects were selected as the 2021 Best Real Estate Deals.
To be considered, the deals had to have an element of transaction – such as an acquisition, sale, lease, financing agreement or the completion of a project – take place in the 2021 calendar year.
This year’s top deals fall in a range of categories: Affordable Housing; Environmental, Social and Governance; Higher Education and Health Care; Industrial; Multifamily; Office; and Retail and Hospitality. Two of those categories – Affordable Housing and Environmental, Social and Governance – are new this year.
In addition to the projects, the judges also selected honorees in the Dealmakers and Rising Stars categories, which recognize individuals in the industry who stood out for their achievements.
All category winners will be unveiled at an event on March 31 at the W Hotel in Philadelphia, as well as in a special publication of the Business Journal on April 1.
The Deal of the Year, Dealmaker of the Year, and Rising Star of the Year will also be revealed at the event.
Below are the 2021 Best Real Estate Deals, listed alphabetically by category. The Dealmakers and Rising Stars will be revealed on Wednesday. See a gallery of the projects in the gallery below.
Affordable Housing
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The Flats, Phase IV – Wilmington, Delaware
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Saint Rita Place and Cascia Center – Philadelphia
Environmental, Social and Governance
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Alan Horwitz Sixth Man Center – Philadelphia
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Oscar Lasko Program Activity Resource Campus – Exton
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Wade Flats, Phase I and II – Philadelphia
Higher Education and Health Care
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Hospital of the University of Pennsylvania’s Pavilion – Philadelphia
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The Standard at Philadelphia – Philadelphia
Industrial
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4700 Island Avenue – Philadelphia
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King of Prussia Logistics Hub – King of Prussia
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Pennsauken Logistics Center at 9000 River Road – Pennsauken, New Jersey
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PGW Northeast Operations Center – Philadelphia
Multifamily
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5th and Spring Garden – Philadelphia
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555 Flats – Horsham
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700 N. Delaware Ave. – Philadelphia
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1500 Locust St. – Philadelphia
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1620 Sansom – Philadelphia
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The Fox Chase Apartment Portfolio – multiple locations
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The HUB at 31 Brewerytown – Philadelphia
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Next LVL – Philadelphia
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The Yards at Malvern – Malvern
Office
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Barclays Bank Delaware Corporate Headquarters – Wilmington, Delaware
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Biomeme Global Headquarters – Philadelphia
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SORA West – Conshohocken
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Westlakes – Berwyn
Retail and Hospitality
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Ciocca Subaru of Philadelphia – Philadelphia
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Repositioning of Cross Keys Place Shopping Center – Doylestown
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JLL Greater Philadelphia Retail Portfolio – multiple locations
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Live! Casino and Hotel Philadelphia – Philadelphia
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Suburban Square – Ardmore
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W Hotel/Element – Philadelphia
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