The office tower at 1835 Market St., Center City Philadelphia, has been sold by Clarion Partners to Elie Schwartz's New York-based Nightingale Properties for $100 million, says broker Doug Rodio, head of the Jones Lang LaSalle team that managed the deal.
The 650,000 sq. ft. building is 75% leased, according to Rodio. It's Nightingale's third Philadelphia purchase since 2011. Nightingale is also an owner of 1700 Market St. and 1500 Spring Garden St. (the former Smith Kline building).