In The News
MPN Realty
PHILADELPHIA -- A city, like an army, travels on its stomach. And with central Philadelphia having the second-largest residential population in the country, its citizenry needs to be fed. In sum, the city right now is experiencing a food growth spurt - at all price levels. Deals…
MPN RealtyFebruary 26, 2016
PHILADELPHIA -- More than 200,000 square feet of new retail space is slotted for North Broad Street that, for the first time in decades, will make inroads in establishing what could be a new, emerging shopping corridor in Philadelphia. Some of the spaces that are…
MPN RealtyJanuary 15, 2016
PHILADELPHIA -- The First African Baptist Church, which has been an anchor in the Graduate Hospital community of South Philadelphia since 1906, has sold its properties for $2.05 million. The church and its ancillary parcels at the addresses of 1606 Christian St., 1608 Christian St.…
MPN RealtyJanuary 11, 2016
PHILADELPHIA -- Parkway Corp. of Philadelphia and Hanover Co. of Houston have partnered to construct on two key corners at Broad and Callowhill streets, which have the potential to reshape and create what is essentially a new gateway to North Broad Street in Philadelphia. The…
MPN RealtyDecember 16, 2015
PHILADELPHIA -- How Properties has acquired a highly visible property in the Northern Liberties neighborhood of Philadelphia and will develop a new apartment building. The Conshohocken, Pa., developer paid an undisclosed amount for 1002-20 N. 2nd St., which sits across from the Piazza and around…
MPN RealtyNovember 15, 2015
FULL TEXT BELOW: '$2.05M Amount for which East Falls developer Mark Sherman sold 4201 Ridge Ave., the building that has housed Johnny Manana's restaurant for 13 years, to an entity involving Philadelphia real estate investor Rafi Licht. The two-building complex is "at the corner of…
MPN RealtyOctober 23, 2015
PHILADELPHIA -- Call it the Great Philadelphia Land Rush. Real estate companies are racking up sales of development sites in the city in what appears to be a frenzy to buy strategically located land. Most of those who are buying are developers positioning themselves to…
MPN RealtySeptember 18, 2015
PHILADELPHIA -- Textile Lofts, a mixed-use property in the Fitler Square neighborhood of Philadelphia, has sold for $8 million. The two-building complex was sold by Grasso Holdings, a Philadelphia real estate company that converted the structures in 2011. Alterra Property, also of Philadelphia, was the…
MPN RealtyMay 11, 2015
PHILADELPHIA -- An affiliate of Post Brothers Apartments has acquired a parking garage in Philadelphia where Spruce Food Market makes its home on the street-level retail space. It traded for roughly $7.2 million. The 175-vehicle garage at 1524 Latimer St. was sold by CLL Towne…
MPN RealtyFebruary 16, 2015
PHILADELPHIA -- The property is an 86,843-square-foot building at 2410-2450 E. York St. in Fishtown, $7.5M An 86,843-square-foot building at 2410-2450 E. York St. in Fishtown sold for $7.5 million. Referred to by its address of 2424 York, it is a three-story former industrial building…
MPN RealtyJanuary 2, 2015