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Building That Houses Famed Dive Bar Dirty Franks Is Sold

PHILADELPHIA -- The building that houses Dirty Franks, a legendary dive bar that has been a Philadelphia institution for 75 years, has sold for $4.5 million. The 12,352-square-foot building 339-49 S. 13th St. in Philadelphia last traded in 2014 for $3.75 million, according to Philadelphia…
MPN Realty
May 24, 2018
News

Former Wedge & Fig restaurant building sold in Old City

PHILADELPHIA -- Here are some briefs covering recent real estate transactions. $3.75M A building at 160-164 N. 3rd St. in Old City that housed the now closed restaurant Wedge & Fig has sold for $3.75 million to an undisclosed partnership from New York. The seller…
MPN Realty
May 10, 2018
News

Phila’s First Medical Marijuana Dispensary Opens in Fishtown

PHILADELPHIA -- Philadelphia's first-ever medical marijuana dispensary has opened its doors. Restore Integrative Wellness Center at 957 Frankford Ave. in Fishtown held its grand opening party May 2, culminating a process that began with the state law allowing cannabis to be prescribed for a list…
MPN Realty
May 3, 2018
News

AMC Delancey picks up a portfolio of Center City properties

PHILADELPHIA -- AMC Delancey Group Inc. has bolstered it local holdings and acquired a six-building portfolio in Philadelphia for $10.8 million. The purchase means that the local real estate company owns a total of 45 properties throughout the city most of which are brownstone apartment…
MPN Realty
April 21, 2018
News

Post Brothers buys Quaker building, plans $100M conversion

PHILADELPHIA -- Post Brothers has closed on buying the Quaker warehouse in North Philadelphia, paying $17.25 million for 900-58 N. 9th St. and paving the way for the real estate company to move forward with a roughly $100 million redevelopment of the structure. The seller was Philadelphia Suburban Development…
MPN Realty
April 12, 2018
News

Fishtown Property Sold to Marijuana Dispensary

Restore Integrative Wellness paid $1.33 million for 957 Frankford Ave., a 6,380-square-foot building in the Fishtown neighborhood of Philadelphia. The seller was Elk Street Management. The building will be used as a medical marijuana dispensary. Restore Integrative has been issued a medical marijuana license and…
MPN Realty
November 16, 2017
News

Former Palmer School in NoLibs gets new owner

PHILADELPHIA -- City School, a private, independent school based in Philadelphia, has paid $9.075 million to buy the former Palmer School in Northern Liberties to accommodate its expanding enrollment and breathe new life into a building that once housed a now defunct charter school. The…
MPN Realty
October 5, 2017
News

Kramer Family sells Spruce St. brownstones after 70 years

PHILADELPHIA -- For 70 years, the Kramer family owned and managed a portfolio of four buildings along Spruce Street in Center City that had 35 apartments. The brownstones at 1023, 1026, 1027 and 1028 Spruce St. were originally built as single-family homes in the mid-1800s…
MPN Realty
September 28, 2017
News

Second Blackbird Pizzeria location officially opens

PHILADELPHIA -- Earlier this year, MPN's Joe Scarpone and Michael Hersch assisted South Philly's Blackbird Pizzeria in securing a prime location in Northern Liberties to open a second location of ther popular restaurant. Blackbird Pizzeria, one of the stalwarts of Philadelphia's vegan restaurant scene, officially…
MPN Realty
August 17, 2017
News

Hussian College Relocates to 1500 Spring Garden

PHILADELPHIA -- A roundup of real estate deals you may have missed this week includes two new tenants taking a combined 43,000 square feet in a building a block off of North Broad Street and a Fort Washington, Pa.-based company upping the size of its…
MPN Realty
July 27, 2017
News

Usaquen, Colombian pop-up, gets home in Kensington

PHILADELPHIA -- Chef Mel Tenorio has been teasing us with his Colombian cuisine - a mix of straight-ahead favorites with a few fusion dishes - for six months or so. Billed as Usaquén - after his home neighborhood in Bogata -his pop-ups at Fishtown's Philly Style Bagels…
MPN Realty
April 25, 2017
News

Blackbird Pizzeria to open in No. Liberties

PHILADELPHIA -- After seven years on Sixth Street near South, vegan hotspot Blackbird Pizzeria is in expansion mode. Mark Mebus and crew are coming to Northern Liberties, as Blackbird will take over the space at 614 N. Second Street whch last housed Same Same and previously Koo…
MPN Realty
March 24, 2017
News

MPN among Top 25 Phila. Commercial Real Estate Brokerages

MPN Realty Inc. was named among 2016's Top 25 Commercial Real Estate Brokerages in the Philadelphia region, according to the Philadelphia Business Journal's Book of Lists, ranking No.21. The rankings are determined by the total square feet of real estate leased and sold.
MPN Realty
March 24, 2017