MPN Realty

In The News

East of Broad gets a boost News

East of Broad gets a boost

PHILADELPHIA -- The area called East of Broad Street in Center City, long in the shadow of its more successful, fast-changing brother -- West of Broad -- is on the verge of coming into its own. A bevy of current and anticipated activity covering a…
MPN Realty
September 26, 2006
Arts Tower will go condo News

Arts Tower will go condo

PHILADELPHIA -- Crescent Heights has paid $30 million for the Arts Tower, making it the fourth residential project the Miami-based real estate company has taken on in Center City. Crescent Heights plans to convert the Arts Tower, a 16-story apartment building at the corner of…
MPN Realty
July 10, 2006
$7 million sale of the Lincoln News

$7 million sale of the Lincoln

PHILADELPHIA -- One Presidential Blvd., the 120,000-square-foot building in Bala Cynwyd where Aamco Transmissions Inc. has its headquarters, is in limbo. When Aamco announced March 8 that it would be bought out by Cottman Transmission Systems Inc., it meant that Aamco will no longer need…
MPN Realty
March 27, 2006
Retailer Revival News

Retailer Revival

PHILADELPHIA -- Retail rents along Walnut Street have reached a new threshold -- $100 a square foot and above -- in a clear sign retailers are willing to pay up to reside along a key Center City shopping corridor. The high rents underscore the rise…
MPN Realty
October 24, 2005