Thursday, January 28, 2010

Girard Estate wants to sell Walnut Street site

The Girard Estate is looking to sell a building it owns on Walnut Street in Center City after deciding it no longer needs to hold on to the property.

The four-story, 16,000-square-foot building at 1222 Walnut St. is listed for $3.1 million, a slight discount on what the estate paid for the building in 2007 when it purchased it for about $3.65 million, according to city real estate documents. The vacant property sits a block from Thomas Jefferson University Hospital. It was built in the 1930s.

“What's unique about the building is each floor is 4,000 square feet,” said a broker with CBRE who is marketing the property for sale. There has been some interest in the building, especially by those who would use it.

“We're optimistic,” he said. “Activity is perking up.”

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.