News
Philadelphia Multifamily

Rittenhouse Square Parcel Trades for $30M

Southern Land Co of Nashville inked a deal to buy the 1900 Walnut parcel at Rittenhouse Square for $30M, the Philadelphia Business Journal reports. The Tennessee company is already developing 3601 Market St (pictured), a 368-unit apartment building in University City that’s going to open later this year. Castleway Properties, an Irish investor, has owned the parcel since 2007.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Philadelphia Newsletters
Related Stories

Philly Retail Momentum Spills From Rittenhouse Into Northern Liberties

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

'Redefining Industry Standards': RCG's 3-Pronged Approach To Building Automation

Bringing Stability And Savings To CRE Insurance Through Working Layer

Philly's Big-Box Warehouse Owners Subdivide Spaces After Developing 'The Wrong-Size Buildings'

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

King Of Prussia Pursues Stadium To Anchor $200M Mixed-Use Complex

Miami's Condo Craze Has Developers Spending Millions On Sales Galleries

Developer Lands Construction Loan For Bristol Industrial Project: The Philadelphia Deal Sheet

Slate, Hudson Cos. Picked To Develop Massive Queens Housing Project

Ryan Cos. Secures Permit For Austin's Sixth Street Redevelopment