SOLD
Saxum Real Estate Acquires Development Site In Philadelphia For $17.4M
700 North Delaware Avenue
Development Site
132,026 SF
132,026 SF
Sold 1 year ago
Summary
Sale
PENNSYLVANIA
Development Site
132,026 sqft
The development site located at 700 N. Delaware Ave. in Philadelphia, PA was recently sold in a closed transaction. The property, which is a Development Site, was purchased by Saxum Real Estate from the Piazza Family. The sale was facilitated by Rittenhouse Realty Advisors, with Ken Wellar, Corey Lonberger, and Mark Duszak serving as the seller's representatives.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $17,362,500
- Address: 700 N. Delaware Ave.
- Market: Philadelphia, PA
The buyer, Saxum Real Estate, acquired the property from the Piazza Family in this transaction. The sale price amounted to $17,362,500. The development site has a building square footage (BSF) of 132,026 and a price per building square footage (PPBSF) of $131.
Players
All
5
Agents
3
Agencies
2
Details
SOLD
IMAGE: Ken Wellar, Mark Duszak & Corey Lonberger
ADDRESS: 700 N. Delaware Ave.
MARKET: Philadelphia, PA
ASSET TYPE: Development Site
BUYER: Saxum Real Estate
SELLER: Piazza Family
SELLER’S REP: Ken Wellar (@Ken_Wellar_CRE), Corey Lonberger & Mark Duszak - Rittenhouse Realty Advisors (@Rittenhouse_Realty_Advisors)
SALE PRICE: $17,362,500
BSF: 132,026 ~ PPBSF: $131View on map
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Address700 North Delaware Avenue
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