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…

PHILADELPHIA -- A Japanese hotel chain has paid $2.4 million for a sliver of land on Cherry Street near the new Philadelphia Family Court building in Center City and has plans to develop a new hotel on the parcel. Toyoko Inn Development Co. Ltd. bought…

PHILADELPHIA -- Allan Domb Real Estate bought two buildings along Walnut Street — Philadelphia’s premier High Street retail corridor — from Pearl Properties. The real estate company paid $8.5 million for 1423-1427 Walnut St., a 17,748-square-foot building, and $8 million for 1421 Walnut St., a…

A parcel on Manayunk’s Venice Island has sold, setting the stage for its development after years in which various plans were proposed for it but never materialized. A partnership involving Greg Hill’s D3 Development, the Concordia Group and Resmark Cos. bought the property at 1…

PHILADELPHIA -- City Councilman Allan Domb’s real estate company has purchased a building that once housed Tria at 23rd and Pine streets in the Fitler Square neighborhood of Philadelphia for $2.2 million. In a separate transaction, Domb also bought the business and liquor license assigned to the restaurant…

PHILADELPHIA -- A building in the Old City neighborhood of Philadelphia that houses Charlie’s Jeans and other retail tenants has sold for $13.4 million. The property, which is located at 222 Church St. address, is also known by 231-37 Market St. The property consists of three structures that…

PHILADELPHIA -- Alterra Property Group has sold four properties to Dalzell Capital Partners, a Westport, Conn., real estate investment firm that has been acquiring multifamily properties in Philadelphia. Dalzell paid $10.1 million for 1310 Spruce St., 1311 Spruce St. and the Queen Village Lofts at…

PHILADELPHIA -- Dalzell Capital Partners, a Westport, Conn., real estate investment firm, has paid $21 million to buy Waverly Court, an apartment complex in Center City. The property at 412-26 S. 13th St. last traded in March 2014 for $6.92 million. While multifamily properties have…

PHILADELPHIA -- DiNardo’s Famous Seafood, a Philadelphia dining institution, has closed after 42 years in business and the family that ran the restaurant has sold the Old City building where it operated the eatery. The property at 312 Race St. was bought by ASI Corp., a Philadelphia real estate company operated…

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…

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…

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…