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October 02, 2019  

Renovated Offices Available in Phila.

Nightingale Properties is shopping a renovated office building in Philadelphia that has an estimated value of $70 million.The 289,000-square-foot property is at 1635 Market Street. At a price of $242/sf, the buyer’s initial annual yield would be 6%. JLL has the listing.Nightingale has spent nearly $10 million on improvements since 2014, including renovations to the property’s lobby and some common corridors, plus lighting upgrades and...

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