iStar Financial, owner of luxury Rittenhouse Square condominium 10 Rittenhouse, recently sold two ground level commercial condominiums to none other than Allan Domb Real Estate for a whopping $17,000,000. At 16,000 square feet the two retail condominiums sold for just over $1,000 per square foot. The two commercial spaces measure 9,707 square feet and 6,293 square feet are currently occupied by Serafina Restaurant and Barney’s Co-op respectively. 10 Rittenhouse has 3 remaining commercial condominiums and eventually Allan will probably buy those too.
Blog post compliments of the CenterCityTeam Philadelphia Real Estate Blog
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Frank L. DeFazio, Esquire
Prudential Fox & Roach Realtors – Society Hill
530 Walnut Street, Suite 260
Philadelphia, PA 19106
Frank L. DeFazio, Esq.
Prudential Fox & Roach, Realtors
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