Sentinel Real Estate Acquires Two Apartment Communities in Philadelphia Area
The two high-rises total 213 units.
Sentinel Real Estate Corporation has acquired two high-rise apartment communities, The Broderick and The Republic, located in Center City Philadelphia that total 213 units. The transactions follow the recent acquisition of Madison Lansdale Station, a 186-unit mid-rise apartment community located in Lansdale, PA, approximately 32 miles northwest of Philadelphia’s City Center.
Both The Broderick and The Republic are located near transit and each contain over 5,000 square feet of retail space. The Center City location offers proximity to employers, and a range of dining, entertainment and cultural attractions.
The Broderick is located near city parks and museums in historic Society Hill, including Washington Square Park, Independence National Historical Park and the Delaware River, it is a boutique community comprising 69 apartments averaging 854 square feet.
The Republic is a 144-unit community located in the Rittenhouse Square, Center City Philadelphia. The property features a rooftop overlooking Rittenhouse Square Park and is within a 10-minute walk to over 46.8 million square feet of Class A office space and to many of Philadelphia’s employers both in Center City Philadelphia and in University City.