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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

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…
kelly
September 28, 2020
News

Portfolio of Rite Aid stores with development potential sells

MPN's Joshua Nadel and Jake Reisman negotiated the deal. A Rite Aid at 801 S. 9th St. in Philadelphia's Bella Vista neighborhood. OCF Realty has picked up three standalone Rite Aid stores in Philadelphia with the possibility of eventually using at least two of the…
kelly
September 15, 2020
News

Former Jack Wills building comes up for sale

MPN's Ken Mallin, Veronica Blum and Steven Clofine are representing seller. The building at 1617 Walnut St. has been put up for sale. The Walnut Street building that once housed British retailer Jack Wills has been put up for sale and will test the investment…
kelly
March 11, 2020
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