August 11, 2016
Michael Barmash of Colliers International in Philadelphia concluded multiple transactions in Philadelphia County valued at $7,000,000.
1. SOLD: 45 S. Third Street in Old City has sold for $800,000. The former home of The Irish Pōl, known for its brews, bourbons, and pub grub, has been purchased by Pioneer Ventures, LLC, owners of the pub concept Buffalo Billiards, currently operating in Philadelphia. Pioneer Ventures plans to open their second location/new concept after renovations are complete. The 2-story property was built in 1900. Michael Barmash of Colliers International represented the seller; Kristen Simon of Berkshire Hathaway represented the buyer. buffalobilliards.com
2. LEASED: The General Services Administration leased 17,804 SF at 9300 Ashton Road in N.E. Philadelphia. They will be relocating the Social Security Administration (SSA) office there from 2373 Welsh Road. Michael Barmash of Colliers in Philadelphia and Jarrett Morrell of Colliers Government Solutions Group in D.C. represented Lessor and Lessee, respectively.
3. LEASED: United Refrigeration, Inc. leased approximately 13,000 SF to I. Brewster & Company Gallery. This location at 606 Spring Garden Street will provide a showroom and administrative space for the growing gallery. They have been rooted in Philadelphia for more than 30 years and have grown to include a depth of inventory in masters, contemporary and pop art paintings, drawings, and original prints. They ship art of all genres and mediums to clients and dealers all over the world. Michael Barmash was the sole broker in this transaction. ibrewster.com
4. LEASED: Ameribest Homecare Inc. leased 6,000 SF at 1217-35 Spring Garden Street. The company provides comprehensive home health and personal care services. They are relocating from 926 Race Street. Michael Barmash was the sole broker in this transaction.