MPN Realty

In The News

News

Grays Ferry Building Sold To Spectrum Health

MPN's Ken Mallin represented the Seller in the $9.43 million deal. Spectrum Health Services Inc. has paid $9.43 million for a 43,847-square-foot building on South 33rd Street in Philadelphia that it has been a tenant in for years. The building at 1325-49 S. 33rd St.…
kelly
August 30, 2022
News

Clay Studio Sells Former Old City Home

MPN's Chris Cimino, Roman Melnyk and Steven Clofine arranged the sale. The Clay Studio has sold its former, long-time home consisting of three parcels adjacent to Elfreth’s Alley in the Old City neighborhood of Philadelphia for $3.78 million. IncentFit, a health and wellness technology and…
kelly
August 9, 2022
News

Premier Walnut Street Property Sells for $13.5

Ken Mallin and Alex Snyder arranged the sale of 1512 Walnut Street, a premier mixed-use property. Six Acre Capital, a New York real estate firm, has acquired 1512 Walnut St., one of Philadelphia’s premier High Street properties, for $13.5 million. Pearl Properties, a Philadelphia real…
kelly
April 19, 2022
News

Dealmaker of the Year: Kenneth Mallin, MPN President & CEO

Ken Mallin's dedication to establishing and maintaining strong client relationships and the innate ability to be creative and patient when it comes to complex transactions has made him and his firm a success. Kenneth Mallin has been active in the Philadelphia real estate industry for…
kelly
April 1, 2022
News

10th & Fairmount Sold To Cescaphe Founder For Events Businesses

Cescaphe founder and CEO Joe Volpe has purchased a warehouse at Fairmount Avenue and 10th Street in Philadelphia and is converting it into an extension of his event business. Cescaphe founder and CEO Joe Volpe has purchased a warehouse at Fairmount Avenue and 10th Street in Philadelphia and is…
kelly
February 6, 2022
News

Developer Buys 2nd & Poplar For $5M

Catalyst City Development paid $5 million for 828-40 N. 2nd St. — located at the corner of 2nd and Poplar streets — in Philadelphia. Tower Investments was the seller. Catalyst along with Southwood Properties plans to raze an existing 15,000-square-foot building and develop the site…
kelly
February 4, 2022
News

NY Investor Acquires 1617 Walnut, Lands New Tenant

A New York investor has paid $5.34 million for 1617 Walnut St., a 7,000 SF, two-story building in the center of Philadelphia’s High Street retail corridor. While the building has been vacant for the last roughly five years, the new owner secured a tenant, Free…
kelly
January 20, 2022
News

Women of Distinction: Meet MPN’s Veronica Blum

In a year fraught with challenges, this tenacious group of businesswomen rose to the occasion, overcoming obstacles placed in their paths through creative thinking and ingenuity. That’s the same spirit with which they have led their entire careers. The Philadelphia Business Journal is proud to…
kelly
October 13, 2021
News

5th & Spring Garden Deal on 100,000 SF Parcel Closes

NoLibs site trades for $16M, clearing the way for Amazon grocery store and apartment complex. MPN's Ken Mallin , who facilitated the deal, started working on this complex project in February 2016. RREI LLC, a Philadelphia real estate company run by father-and-son duo Neal and Victor…
kelly
May 21, 2021
News

40 Under 40: Meet MPN’s Nadia Bilynsky

In a turbulent year that shook sectors of business and society to their cores, creativity and perseverance shone through. Solutions were scaled and put in place to maintain connectivity and productivity amid the pandemic. Behind some of that ingenuity were people like this year’s class…
kelly
May 20, 2021
News

MPN Arranges Sale of PSDC’s 22,500 SF Building at 900-18 N. Marshall

Young Scholars Charter School paid $5.5 million for 900-18 N. Marshall St., a single-story, 22,500-square-foot building in Philadelphia. The charter school occupies the entire building. Philadelphia Suburban Development Corp. was the seller. Ken Mallin and Veronica Blum of MPN Realty arranged the sale. $5.5M Young…
kelly
May 20, 2021
Call 215.413.4900