PHILADELPHIA-The Independence Press building in Philadelphia's Loft District is put of for sale. The nine-story building spanning 156,000 square feet at 533 N. 11th St. is listed on the market with a price tag of $6.9 million.
Kabro Associates acquired the property from Patriot Parking for $4.05 million in April 2010. The property had already been permitted for 92 apartments when Kabro acquired it. Steve Marzullo of CBRE Inc. has the listing. 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.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.