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Philadelphia Apartment Tower Trades for Market High of $233 Million

Deal for 1500 Locust Is New York Real Estate Developer Fairstead’s First in City
The Locust Street high-rise in Philadelphia has 612 units. (CoStar)
The Locust Street high-rise in Philadelphia has 612 units. (CoStar)
CoStar News
February 4, 2022 | 7:31 P.M.

An apartment high-rise in Philadelphia has sold for $233 million in what's being touted as the largest single-building sale in the history of the city's multifamily market.

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