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Colliers Facilitates Sale of Center City Retail Condominium

July 12, 2018 [Philadelphia, PA] – Colliers International’s retail team in Philadelphia facilitated the sale of a 5,170 SF retail condominium located on the first floor of 1228-1232 Arch Street in the Philadelphia CBD for $2.57 million.

The former CitiBank space sits directly across from the Pennsylvania Convention Center, a major attraction for the buyer, Maitay, LLC. The site will be converted to restaurant and other retail uses.

The Colliers team of Todd Sussman, Josh Goldfine, and Anna MacDonald represented the seller, Independence Realty – Arch Street, in this transaction.