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…

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…

In a sale of the former Old City gas station that has been in the works for nearly a decade, the deal will result in redevelopment of the site with townhomes starting at $1.8M OCF Realty has paid $6 million for Snyderman’s Gulf Inc., a…

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…

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…

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…

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…

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,…

Astoban Investments has paid $7.5 million for Dilworth House, an historic building that overlooks Washington Square in Philadelphia and has been involved in a series of legal battles for more than a decade. John Turchi Jr. sold the property and brings to an end his…

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…

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…

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…

A non-descript, single-story, 29,050-square-foot building at 949-77 Marshall St. that sits in the center of several high-growth areas including Temple University, Northern Liberties and Spring Arts, has sold for $5.5 million. Though fully leased to state agencies through at least next year, the building wasn’t…

As summer turned to fall, Center City started to find its bearings during the pandemic, not entirely shrugging it off but not wallowing in defeat either. Restaurants got more innovative with outdoor dining and the Philadelphia Streets Department went into action, temporarily shutting down some…