Philadelphia Retail Condos Up for Sale
Going away this summer? Stay ahead of the region's news with GlobeSt.com's New Jersey AM Alert. Follow the latest transactions, industry activities and read interviews that keep you informed even if you hit the beach. Sign Up Today!
PHILADELPHIA-IStar Financial has placed two retail spaces at 10 Rittenhouse Square in Center City on the market for sale. The Serafina restaurant and Barney's New York have occupied the spaces in front Rittenhouse Square under long-term leases. Jones Lang LaSalle is handling the listing of the commercial condos attached to the $300 million luxury condominium tower. The retail condos have received interests from pension fund advisers as well as from high-net-worth, international and institutional investors.
According to familiar sources, the properties could fetch roughly $17 million. For the full story, go to Philadelphia Business Journal .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Register now for the GlobeSt.com Retail Alert. Your one-stop shop for retail news and analysis.
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.