The $70 million sale of Centre Square has received court approval, advancing a major redevelopment opportunity in Center City Philadelphia. U.S. District Court Judge Nitza Quiñones Alejandro approved the sale to affiliates of PMC Property Group and investor Dean Adler. The transaction involves the 1.76 million-square-foot Centre Square complex at 1500 Market Street. The two… Read more »
A legal dispute has emerged between developers Dean Adler and Bill Glazer over the Bourse redevelopment. As a result, the partnership behind the project has begun to unravel. Emails filed in Delaware court documents show tensions escalating between the two parties. In particular, disagreements intensified after a December exchange. At the same time, project delays… Read more »
