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Corner 12th & Vine Street Sells for $5 Million

Vinetex LP sold a 24,000-square-foot parcel at 1125-29 Vine St., which is where a Shell gas station is located, to an undisclosed buyer for $5 million. Veronica Blum and Ken Mallin of MPN Realty arranged the transaction. The property sits in a Federal Opportunity Zone…
MPN Realty
January 29, 2021
News

1400 Willow Grove Ave Deal Negotiated By Mallin, Bilynsky

A former school house built in 1893 and converted into an 8-unit apartment building at 1400 Willow Grove Ave. in Springfield, Montgomery County, traded for $2.4 million. JB Ventures 5 LLC was the seller and the buyer, though local, wasn’t undisclosed. “Typically, we would sell…
MPN Realty
January 14, 2021
News

MPN Team Negotiates Sale of Vine-New Street Parcel

Vine New Associates LLC sold 214-20 Vine St. and 213-15 New St., an 8,500-square-foot parcel with an historic warehouse, for $2.5 million. The tenants in the warehouse are vacating and the new owner is considering developing the property with a residential project. Veronica Blum, Nadia…
kelly
January 14, 2021
News

Center City Irish Pub Building Sells

PHILADELPHIA -- The Center City building housing the recently shuttered Irish Pub, a Philadelphia institution for more than 30 years, has sold for $2.3 million. The property is located at 1123 Walnut St. In addition, its business assets and liquor license also sold as part of the…
MPN Realty
September 14, 2019
News

Game cafe Queen & Rook coming to South Street

PHILADELPHIA -- Edward Garcia was at a bachelor party at an ax-throwing venue in Montreal several years ago when he and his friends struck up a conversation with the owners, who were fans of Dungeons & Dragons, the board game. After the ax games, they…
MPN Realty
September 14, 2019
News

Center City apt building on Locust sold for $19 million

PHILADELPHIA -- Counter Capital Management paid $19.1 million for 1501 Locust St., a 29-unit apartment building that adds to the firm’s growing presence in Center City. With this acquisition, Counter Capital, of Westport, Conn., has spent more than $80 million accumulating a portfolio of multifamily…
MPN Realty
September 14, 2019
News

MPN Realty Brokers Sale of Archworks Building

PHILADELPHIA -- A local investment group paid $8.3 million for Archworks, an eightstory, 50,000-square-foot office structure at 117-125 N. 8th St. in Center City. The property last traded in 2005 for $5.4 million when the seller, a Jenkintown investor, bought it from Kaiserman Co. The property…
MPN Realty
September 13, 2019