Institutional buyers have largely been absent as Philadelphia's office investment market has regained some steam, yet a potential deal with a large multifamily developer is a sign that higher-profile investors could be staging a comeback.
New York Multifamily Giant in Talks to Acquire Distressed Philadelphia Office Tower
Potential Deal Comes After TF Cornerstone Took On Majority of Property’s Debt
By Katie Burke
CoStar News
July 3, 2024 | 8:04 P.M.
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IN THIS ARTICLE
- Properties
- Wanamaker Building
100 Penn Sq, Philadelphia, PA
- Three Commons
1881 Campus Commons Dr, Reston, VA
- Companies
- TF Cornerstone, Inc.
Real Estate
- Rubenstein Partners
Real Estate