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MPN – $7.5M for 86,846 SF Office Building in Fishtown

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 Realty
January 2, 2015
News

MPN Closes On $4.135 Million Property

PHILADELPHIA -- IStar Financial Inc. of New York and Dranoff Properties Philadelphia will move forward with converting the unfinished floors at Two Liberty Place into condominiums. Last year, iStar, which has title to the undeveloped portion of the tower, had considered putting in a 150-room…
MPN Realty
September 11, 2014
News

MPN – $1.965 Million For A Eight Townhouse Deal

PHILADELPHIA -- IStar Financial Inc. of New York and Dranoff Properties Philadelphia will move forward with converting the unfinished floors at Two Liberty Place into condominiums. Last year, iStar, which has title to the undeveloped portion of the tower, had considered putting in a 150-room…
MPN Realty
September 8, 2014
News

MPN – Portfolio Of Five Sold

PHILADELPHIA -- A portfolio of five properties along Vine Street and North 3rd Street in Old City that has 14 loft apartments sold for $3.56 million. The seller, a private local partnership, was considered ahead of the curve in seizing on the potential of residential…
MPN Realty
September 3, 2014
News

MPN Listing: Trenton China in Old City

PHILADELPHIA -- Trenton China Pottery, or what is commonly referred to as “TCP,” sold its Philadelphia property at 2nd and Arch streets in Old City. A group of undisclosed local investors bought it for $1.4 million and plans to convert the nine buildings that comprise…
MPN Realty
August 31, 2014
News

Rittenhouse Square properties trade for $17M

PHILADELPHIA -- Allan Domb has added to his Center City retail holdings and bought for $17 million the commercial condominiums at 10 Rittenhouse Square that contain the Barney’s clothing store and Serafina’s, a restaurant. The acquisition enhances Domb’s retail position on Rittenhouse Square and along…
MPN Realty
August 7, 2014
News

MPN Arranges Sale Of 1801 Walnut St.

PHILADELPHIA -- Allan Domb has expanded his Rittenhouse Square holdings and picked up 1801 Walnut St., the building that houses Anthropologie. The acquisition adds to a growing portfolio of properties that the self-described condo king now owns in that part of Center City. In addition to…
MPN Realty
July 6, 2014
News

MPN – Philadelphia Business Journal

PHILADELPHIA -- Island View Crossing, a 179,673-square-foot office building at 1414 Radcliffe St. in Bristol sold for $12.5 million, or $70 a square foot. A partnership involving Red River Asset Management of New York and Arlington Group Real Estate of Conshohocken bought the building. Lenox,…
MPN Realty
June 12, 2014
News

Historic jewel on Walnut could draw $35M

PHILADELPHIA -- One Presidential Blvd., the 120,000-square-foot building in Bala Cynwyd where Aamco Transmissions Inc. has its headquarters, is in limbo. When Aamco announced March 8 that it would be bought out by Cottman Transmission Systems Inc., it meant that Aamco will no longer need…
MPN Realty
May 30, 2014
News

Le Crillon sells for $15M

PHILADELPHIA -- Albert M. Greenfield Co. Inc. has sold the Le Crillon, an apartment building just off Rittenhouse Square in Philadelphia, for $14.8 million. The 41,757-square-foot building at 105 S. 18th St. has 16 apartments and was bought for $925,625 a unit or $355 a…
MPN Realty
June 1, 2013
News

MPN – Sky Park Apts. at 1112 N. 3rd Str.

UP FOR SALE -- Spring Mill Corporate Center, a two-building complex totaling 617,039 square feet in Conshohocken, is up for sale. Kalmon Dolgin Affiliates Inc. of Brooklyn, N.Y., and an equity partner bought the property off Hector Street in 2006 for $61 million. It could…
MPN Realty
May 24, 2013
News

1616 Walnut vacating tenants

PHILADELPHIA -- About 100 tenants at 1616 Walnut St. have been put on notice that they need to vacate the property and find new space. A partnership that bought the 25-story, 279,770-square-foot Center City office building last month for $28.3 million is seeking to convert…
MPN Realty
March 9, 2013
News

MPN arranged the sale of 1701 Walnut.

PHILADELPHIA -- Kimco Realty Corp. sold a property on Walnut Street in Center City for half the amount it bought it for five years ago. Pearl Properties of Philadelphia bought 1701 Walnut St., an eight-story office building that has Juicy Couture as one of its…
MPN Realty
January 18, 2013