Alfred T. Giuliano Represents Bankruptcy Trustee In $74.4M Mixed-Use Portfolio Sale In Philadelphia
$74,400,000
$97/SF
Building Size
760,000 SF
Asset Type
Mixed-use
Closing
Jul 7, 2025
AI
The mixed-use portfolio, sold for $74,400,000, spans 760,000 square feet and is located in Center City, Philadelphia. It comprises educational, cultural, and mixed-use assets, with potential for redevelopment.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $74,400,000
- Address: Mixed-use Portfolio
- Market: Center City, Philadelphia
- Seller: Alfred T. Giuliano
- Brokers: Jim Galbally, Fran Coyne, Samantha Kupersmith, Brett Segal, Carl Fiebig & Tyler Margraf - JLL
- SF: 760,000
- PPSF: $98
The transaction was facilitated by JLL Capital Markets, which arranged the sale on behalf of bankruptcy trustee Alfred T. Giuliano. The deal involved a complex multi-buyer disposition process for the nine-property portfolio.
Players
Market Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93