Friday, December 17, 2010

Drexel Pays $4M for Office Bldg in Philadelphia

"Drexel University College of Medicine acquired the eight-story office building at 1427-1433 Vine St. in Philadelphia for $4 million, or about $61 per square foot, from Tenet Healthcare Corporation.

The medical office building was delivered in 1939 and renovated in 1982. It totals 65,821 square feet and sits on 0.2 acres in the Market Street West submarket."

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