The University of the Arts’ prime Center City real estate portfolio, totaling 760,000 square feet across nine buildings, has officially hit the market as part of the school’s Chapter 7 bankruptcy liquidation. Many of these historic properties are in high-profile locations around South Broad Street. Appointed by U.S. Bankruptcy Court in Delaware, JLL is marketing the portfolio for sale on behalf of the Chapter 7 Trustee, describing it as a “generational opportunity to reshape” Philadelphia’s central business district, according to JLL Senior Managing Director Jim Galbally.
Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.
Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale, www.wolfcre.com.
