MPN Realty

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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…
Jessica
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…
Jessica
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…
Jessica
May 20, 2021
News

PSDC site at 920-30 Washington sells for $5.8M

A group of stores and a large warehouse on a 33,000-square-foot parcel at 920-30 Washington Ave. in Philadelphia sold for $5.8 million. The seller was Philadelphia Suburban Development Corp., which was represented by Ken Mallin and Veronica Blum of MPN Realty. Chris Chang of Aarch…
Jessica
March 12, 2021
News

Vine Street Development Site Sells For $4M

Greythorne Development paid $4 million for a 13,500-square-foot, mixed-use development site at 207-11 Vine St. in Philadelphia. Goldenberg Group was the seller. Ken Mallin and Nadia Bilynsky of MPN Realty handled both sides of the transaction. $4M Greythorne Development paid $4 million for a 13,500-square-foot,…
Jessica
March 12, 2021
News

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…
Jessica
January 14, 2021
News

Amazon grocery store headed to new Northern Liberties project

MPN's Ken Mallin arranged sale of 5th & Spring Garden. Amazon.com Inc. has signed a lease for one of its new grocery stores in the Northern Liberties neighborhood of Philadelphia, according to sources familiar with the deal. The online retailer has taken 40,000 square feet…
Jessica
September 28, 2020