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Franklin Square is one of the five original open-space parks planned by William Penn when he laid out the city of Philadelphia, Pennsylvania, in 1682. It is located in the Center City area, between North 6th and 7th streets, and between Race Street and the Vine Street Expressway (I-676).
In 2006, a 256,000-square-foot (23,800 m 2) portion of the lower floors of the building was sold to Resnick Development Corporation, a subsidiary of Jack Resnick & Sons Incorporated. In April 2008, American Financial Realty Trust sold the remainder of the building to SSH Real Estate and Young Capital for US$57.7 million. [12]
Brandywine Realty Trust is a Philadelphia-based real estate investment trust that invests in office buildings in Philadelphia, Washington, D.C., and Austin, Texas. As of December 31, 2022, the company owned interests in 72 properties containing 12.8 million net rentable square feet. [1]
The Franklin Town Development Corporation was created by Smith, Kline & French, Philadelphia Electric Company, electrical equipment manufacturer ITE International (now part of Siemens [3]), the real-estate concern Korman Corporation, and brokerage house Butcher & Sherred (later Butcher & Singer [4]). [5]
FMC Tower is a 49-story, 861,000-square-foot mixed-use tower consisting of 622,000 square feet of office space, 268 residential units and suites, and 10,000 square feet of retail space. [4] It is the tallest building in University City and the 7th tallest building in the city of Philadelphia. [5]
Iron Stone Real Estate Partners, sometimes referred to simply as Iron Stone, is a real estate private equity firm located in Philadelphia, Pennsylvania that has a niche focus on value added real estate assets, the acquisition of real estate related operating companies, and the assumption of mortgage notes. Iron Stone has developed and currently ...
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