The sale of the Bourse building and 400 Market St. in Old City has closed at a combined price of $41 million, according to industry sources. Philadelphia developers Lubert-Adler Real Estate Funds and Keystone Development and Investment paid $31 million for the 129-year-old Bourse building at 111 S. Independence Mall East and $10 million for the largely vacant office building at 400 Market, sources said.
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Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale, www.wolfcre.com.
