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March 21, 2018  


Philadelphia Office BuildingChelsea/Village Associates of New York last week paid $31.5 million, or $248 a square foot, for the 127,000-sf office building at 1760 Market Street in Philadelphia. The five-story building is a few blocks north of Rittenhouse Square and west of City Hall, in the Market West submarket. It is 80% occupied, with a weighted average remaining lease term of 4.2 years. JLL represented the seller, a joint venture between...

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