Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

UrbanAmerica LP recently sold a 435,352-square-foot office building in Philadelphia, Pa., for $110.5 million. Pro-Med Market LLC purchased the 18-story building, located at 3535 Market St., for $254 a square foot. Tenants at the time of sale included University of Pennsylvania, Children's Hospital of Philadelphia and FedEx Kinkos. UrbanAmerica purchased the property in December 2002 for approximately $80 million and invested in significant capital improvements to attract and retain its current tenant base. ...