The owner of the iconic Wanamaker building contemplates transforming its office space into residential units due to ongoing tenant departures. Since the 112-year-old property entered receivership in September, Rubenstein Partners has been steering the future of this 1.4 million-square-foot site.

In a statement to the Philadelphia Business Journal, Rubenstein acknowledged the challenges within Philadelphia’s central business district and emphasized their commitment to finding a favorable direction while exploring alternatives for the office segment within the historic Wanamaker building.

*Article courtesy of Philadelphia Business Journal

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