Jacob Adelman covers property deals, retail trends and the hospitality business as the commercial real estate reporter.

Latest Stories

Plan to convert Kensington dairy plant to apartments keeps landmark ‘milk bottle’ in place

Plans call for constructing three new stories of residential units atop the existing complex of buildings, nearly reaching the bottom of the water tower.

North Broad Street’s historic Blue Horizon boxing venue to become hotel under Marriott’s Moxy brand

As a micro-hotel with small rooms aimed at cost-conscious travelers who plan to spend most of their visits out and about, the Moxy would join the Pod Hotel under construction near the southeast corner in Center City.

Judge allows Camden lawsuit against Philadelphia developer to proceed in state court

The ruling keeps two fronts open in the legal battle between Carl Dranoff and Camden.

German grocer Lidl months away from starting construction on South Philly waterfront

The company hopes to begin work as soon as it completes its purchase of the property east of Christopher Columbus Boulevard, between Reed and Dickinson Streets.

Ocean Resort Casino to change hands again barely a year after former Revel’s last sale

The casino's new owner is said to plan $70 million in fresh investment at the property.

Former Revel’s new owners said to be folding on troubled Ocean Resort property barely a year after sale

The new round of potential troubles may represent the latest dashed hopes for what was heralded as a new beginning for Atlantic City when the casino hotel opened in 2012 but was afterward dogged by lackluster traffic and financial woes.

Conshohocken’s Millennium buildings sold to King of Prussia real estate investment firm

Morgan Properties purchased the buildings from Stabilis Capital Management of New York.

Big changes planned at S. Philly’s Riverview Plaza, starting with $12M movie-theater refresh

Shopping center landlords are rejiggering their properties to include housing in an effort to enliven their centers with round-the-clock activity in an age of retail bankruptcies and shrinking chain-store footprints.

City-owned land under contract in Northeast Philly for latest speculative warehouse project

Arbok Partners hopes to close on the property at 2021 Woodhaven Rd., north of Roosevelt Boulevard, within the coming months.

Drexel’s Calhoun Hall to be renovated into honors dorms with new glass entrance

Plans call for the semicircular eight-story brick building to return to dormitory use, with 211 rooms for honors students, and for the construction of a two-story glass addition.