The Chicago-based, internally-managed and self-advised real estate investment trust acquired the assets in 2002 for $183.5 million.
Centre Square is one of the largest commercial properties in the Philadelphia CBD, known for its size and glass-domed atrium featuring a "Clothespin" sculpture. The property occupies an entire city block at 15th and Market Streets in the heart of Center City.
The 36-story East Tower and 43-story West Tower includes a galleria, retail shops, restaurants and a commuter concourse. The complex totals roughly 1.85 million square feet in addition to a parking garage that can accommodate 415 cars. The complex was awarded an Energy Star Label and the BOMA 360 Designation in 2015.
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