1835 Market Street Explained

1835 Market Street
Status:Completed
Location:1835 Market Street, Philadelphia, Pennsylvania, United States
Architect:Kling Lindquist Partnership
Map Type:Philadelphia#Pennsylvania#USA
Owner:Nightingale Properties[1]
Floor Area:686503square feet
Floor Count:29
Parking:176 spaces (underground)
Building Type:Office
Roof:425feet
Main Contractor:Turner Construction Company
Opening:1986
Developer:Radnor Corporation

1835 Market Street, formerly known as Eleven Penn Center (or 11 Penn Center), is a high-rise building located in the Market West region of Philadelphia. The building stands at 425abbr=offNaNabbr=off with 29 floors. Radnor Corp. the real estate arm of Sun Co. began development of the property in 1984.[2] It opened in 1986 and Colonial Penn was one of the anchor tenants. The architectural firm who designed the building was the Kling Lindquist Partnership.[2] 1835 Market Street is a part of Penn Center complex, which includes several notable skyscrapers such as the Mellon Bank Center and Five Penn Center.

It is currently the 24th-tallest building in Philadelphia.

Ownership

In 2002, a joint venture including the California State Teachers' Retirement System (CalSTRS) purchased the tower for .[3] CalSTRS sold it to Nightingale Group for in 2014.[4]

See also

External links

39.9536°N -75.1711°W

Notes and References

  1. News: 1835 Market sold for $100M . Philadelphia Inquirer . 2014-12-10.
  2. News: Sun Still Shining on Penn Center . Philadelphia Inquirer . 1984-04-14 . 2021-02-11.
  3. News: 1835 Market St. hits the market, could trade for more than $100M . . 25 July 2014 . Kostelni, Natalie .
  4. News: Nightingale Buys Philadelphia Mixed-Use Building With Starwood Loan . Commercial Observer . 2014-12-08.