Saturday, February 19, 2011

Sale of Two Parking Lots in Chinatown

"The sale of an 8,670 SF public parking lot at 1013-1015 Arch Street, Philadelphia, PA was recently completed. The Buyer was 1013-1015 Arch Street Realty, LLC. Sale Price: $3,550,000. The sites will be used for future development.

The second public parking lot containing 7,435 SF is located at 1020-1026 Cherry Street, Philadelphia, PA. The Buyer was 1010-1028 Cherry Street Realty, LLC. Sale Price: $2,700,000.

The Seller in both transactions is the Parkway Corporation."

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