Turchi buys former AAA headquarters

Turchi Properties recently acquired a 150,000-square-foot office building in Philadelphia, Pa.

The value of the transaction was not disclosed.

The five-story property, formerly occupied by the American Automobile Association as its Mid-Atlantic headquarters, is located at 2040 Market St.

Built in 1968, the class A property includes floor-to-ceiling windows, a fully equipped cafeteria, computer room, rooftop signage and on-site parking.

Philadelphia-based Turchi Properties is a property development and management company.

***

What's your opinion? Send your Letter to the Editor to opinion@inman.com.

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.