Wednesday, November 30, 2016

Dalian on the Park Goes on the Market

Dalian on the Park, part of the Rodin Square development overlooking the Benjamin Franklin Parkway in Philadelphia, has been placed on the market.

It is the newly-constructed, 293-unit, 5-Star multifamily property at 501 N. 22nd St.

The property, which just opened to renters in recent months, is currently approximately 30 percent leased. The 10-story building, which features a 55,000-square-foot Whole Foods in the ground-floor retail portion, was built by Dalian Development. It is estimated that the property, which sits on three acres behind the Rodin Museum, could go for as much as $180 million.

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