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PHILADELPHIA-In partnership with Morristown, NJ-based NormandyReal Estate Partners, 806 Sar Partners has acquired three buildingsin Old City, which it will convert from rental apartments into anaggregate of 90 for-sale condos. The properties are at 313 Arch,209 Cuthbert and 8-10 Letitia Way.

The 806 Sar partnership acquired the buildings, all built in theearly 1900s, for $20.4 million from three different sellers, JacobGehl tells GlobeSt.com. Gehl is one of 806 Sar's three partners.The others are Leo Addimando and Scott A. Radis. Locally basedMiles and Generalis Inc. represented the buyer and Mallin PanchelliNadel Realty, also based here, represented the three sellers. Allthree are local owners, according to Gehl. Among them are GrowthProperties and Brandywine Construction, which is not affiliatedwith Brandywine Realty Trust, and a third, which isunidentified.

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