A New York real estate firm, has acquired 1512 Walnut St., one of Philadelphia’s premier High Street properties, for $13.5 million. .
This is the second investment in Philadelphia for Six Acre, which was formed two years ago by Mark Lansman and Jake Borden in New York with plans to eventually relocate the firm to Philadelphia. Six Acre is working with a New York-based family office referred to as JGS Keystone, which is funding Six Acre to find and buy core and core-plus properties in prime locations in Philadelphia and eventually in its suburbs, Lansman said. Once a property is acquired, it is held by the family for the long-term.
*Article courtesy of Philadelphia Business Journal
For more information about Philadelphia office space for sale or lease in Philadelphia or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.
Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers.
Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.