An historic Center City building housing the Philadelphia Inquirer as well as three separate divisions of the General Services Administration has been put up for sale, and one estimate has it trading for upwards of $180 million.
The Commonwealth of Pennsylvania is the largest tenant at the 13-story, nearly 700,000-square-foot property at 801 Market St. The state leases 222,844 square feet where it houses its department of general services.
In addition, the Division of Community Behavioral Health leases 142,459 square feet and three GSA tenants — Department of Health and Human Services, Housing and Urban Development and the Equal Employment Opportunity Commission — lease a combined 197,310 square feet. The Inquirer leases 89,485 square feet in a deal that runs through November 2024.
*Article courtesy of The Philadelphia Business Journal
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