The new buyer will look to tear down part of the three-building complex that sits atop a highway and rail line.
1500 Market St., Philly's largest office property, is now worth $104.4M, down 78% in six years.
The biggest stories of 2024 in commercial real estate.
Lawyers claim its owner, Nightingale Properties, didn't contribute the full amount of equity promised to investors.
The former centerpiece of a $54M investor fraud scheme, Atlanta Financial Center has changed hands at a steep loss as Banyan eyes potential redevelopment.
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