1616 walnut street

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1616 Walnut Street PA Evictions - A Sitting Tenant's RightsChevy Chase, MD-based Federal Capital Partners has acquired 1616 Walnut Street, a 25-story, 279,770 square foot office building in Center City, Philadelphia.The property, currently 90% leased, was acquired via a joint venture with Philadelphia-based Cross Properties and 806 Capital from the Isard-Greenberg Company, which owned the building for longer than 3 decades.Plans for the property involve possible conversion into a residential use as time passes.Jones Lang LaSalle has long been retained to handle the building.1616 Walnut encompasses 188,560 square feet of office layout, 7,210 square feet of retail space plus a 160-space integrated parking garage. The building is proximate to transit options including Septa bus routes, the Market-Frankford and Broad Street subway lines and the regional rail lines at Suburban Station.Incorporated 1929, 1616 Walnut Street PA was lauded as an architectural marvel when it occurs, receiving top honors with the 12th International Buildings Congress in Budapest. Its five-story parking garage got there among the first properties to feature on-site parking, which was then considered a novelty. The enduring property was listed on your National Register of Historic Places in 1983 as well as the Philadelphia Register of Historic Places on January 7, 1982.1616 Walnut marks FCP’s second acquisition in downtown Philadelphia as the company’s amount of 1701The new those who own the building wish to “detenant” 1616 Walnut. Does anyone notice any similarity between destroy, demolish, destruct and detenant? Yes, they actually develop the right to not renew your lease. However, there are various things which protect you from being “thrown into your street”

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