Philadelphia

Rittenhouse Realty is marketing the property as a development opportunity to build 208 apartments (147,070 square feet) above the garage, which will be master leased to Sonder Inc.

Rogers has more than 30 years real estate experience with a focus on the health care sector. Most recently, he worked with real estate investment firm Jackson Cross Partners in Wayne, PA.

"We continue to make progress on deleveraging our balance sheet through asset sales," states David Blackman, president and CEO of Office Properties Income Trust.

The firm, the student housing investment and development division of Chicago-based CA Ventures, will open the student housing communities that total more than 3,000 beds in Florida, Indiana, Illinois, Iowa, Ohio and Pennsylvania.

In conjunction with the bankruptcy filing, the internally-managed REIT reports it has entered a stalking horse equity and asset purchase agreement with an entity owned by funds managed by affiliates of Fortress Investment Group of New York City with a bid of $174.4 million.

Upon reviewing adaptive reuse projects throughout the country for GlobeSt.com's ADAPT awards, we have declared The Atlantic as the winner for best overall design conversion.