Thursday, April 12, 2018

Chelsea & Village Associates Pays $31.5M for Philadelphia High-Rise

Chelsea & Village Associates acquired the office building at 1760 Market St. in Philadelphia, PA from Stockton Real Estate Advisors and Alterra Property Group LLC for $31.5 million, or about $249 per square foot.

The 14-story, 126,309-square-foot office building delivered in 1980 to the Market Street West submarket. It is home to Spring, Philadelphia Trust Company and Security Risk Advisors, among others.

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