Last Updated: December 15, 2011 ET

Keystone Property Group Pays $22M for Citizens Bank Center

WILMINGTON, DE-Pennsylvania-based Keystone Property Group has paid $22 million for Citizens Bank Center, a 221,686-square-foot office tower in Wilmington, Delaware. The firm has purchased the 18-story property located at 919 N. Market St. from the Receivership Estate Over Specific Assets of B&R 919 LLC.

The office tower is 80% occupied. James Wellschlager and Jonathan Carpenter from Cassidy Turley's Capital Markets Group based in Baltimore negotiated the deal on behalf of the seller. For the full story, go to Baltimore Business Journal .


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Categories: Northeast, Office, Acquisitions/Dispositions, Sales, Scope, Philadelphia

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