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Apple Cinemas Leases 82000 Square Feet At Riverview Plaza III In Philadelphia With Richard Soloff's Representation
LEASED
Pennsylvania
See Similar DealsRetail82,000 SF
Leased 11/15/2024
LEASED
Apple Cinemas Leases 82000 Square Feet At Riverview Plaza III In Philadelphia With Richard Soloff's Representation
1100 South Christopher Columbus Boulevard
See Similar DealsRetail82,000 SF
Leased 11/15/2024
Summary
PENNSYLVANIA
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:82,000 SF
Transaction Type:Lease
The asset involved in this transaction is a retail property located at 1100 South Christopher Columbus Boulevard, Philadelphia, PA, encompassing an area of 82,000 square feet. This location is part of Riverview Plaza III, owned by Tower Investments.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1100 South Christopher Columbus Boulevard
- Market: Philadelphia, PA
- Landlord: Bart Blatstein - Tower Investments
- Tenant: Apple Cinemas
- Broker: Richard Soloff - Soloff Realty & Development
The deal saw Apple Cinemas taking a significant step in expanding its presence across six states by signing the lease for this new location. The leasing process was managed by Richard Soloff, who represents Soloff Realty & Development.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$4,700,190.52
Total Lease Value
$47,001,905.18
Net Landlord Cash Flow$4,700,190.52
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