The building is located on 4.76 acres within easy access of I-95 andWoodhaven Rd. It joins the Catholic university's existing campuses in NorthPhiladelphia and Newtown, PA. The university will renovate the building intoclassrooms for accelerated degree programs.
"In the future, the site may also host graduate business seminars,continuing education courses for professionals and other events," says Patrick Green, asenior managing director of the Philadelphia office of Insignia/ESG.
Insignia represented Philadelphia Telco in its 1999 purchase of theproperty. Green, Dennis Durkin and Brian Smyth of Insignia were the sole brokers inthe sale to Holy Family.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.