Apex Capital Investments Corporation and unknown buyer acquired 175,000-square-foot building at 1050 Constitution Avenue in Philadelphia Navy Yard from Liberty Property Trust for $61.3 million effective February 4, 2020. As per the terms, Apex Capital and unknown buyer paid $350 per square foot and Apex Capital contributed a value of $1.2 million of the total transaction value. The deal was closed shortly before Liberty Property Trust's acquisition by Prologis Inc. Nick Harris and Steven Doherty of CBRE financed the deal and secured the funding. Robert Fahey, Jerry Kranzel, Erin Hannan and Jack Corcoran of CBRE acted as real estate advisor for Liberty Property Trust.