436 Walnut

Jones Lang LaSalle Americas, Inc. (“JLL”), a licensed real estate broker, has been retained on an exclusive basis to arrange the sale of 436 Walnut Street, (the “Property”), a 330,000 square foot building located in the heart of Philadelphia’s historic Washington Square neighborhood.

Strategically situated on the corner of 5th and Walnut, the 12-story building enjoys a prime location proximate to desirable renter-oriented retail along the heavily trafficked Walnut and Chestnut streets. The area is rich with a variety of entertainment and dining options, and a collection of highly regarded national employers. The building’s design features large flexible floorplates and ample windows on every floor, providing an investor the opportunity for a variety of redevelopment opportunities including luxury apartments, upscale condominiums, a boutique hotel, or state-of-the-art offices, to capitalize on the building’s classic architectural elements and exceptional views of the city. Furthermore, a redevelopment of the asset could benefit from a 10 year abatement of real estate taxes from the City of Philadelphia as well as historic tax credit opportunities for an investor.