Public Ledger Bldg Has New Owner

Carlyle Development Group acquired the Public Ledger Building at 600 Chestnut St. in Philadelphia, PA from LNR Partners LLC for $58 million, or about $109 per square foot.

The 13-story, 533,945-square-foot, 4-Star office building was originally built in 1937 and was renovated in 2007. GSA and Liberty Mutual Insurance anchor the property.
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