Ten Penn Center Partial Residential Conversion
Sector: Commercial • Location: Philadelphia, Pennsylvania, United States
Source: The Business Journals
PMC Property Group purchased the 27-story office building known as Ten Penn Center at 1801 Market St. for $30 million. The project involves a partial conversion of the office building to residential apartments, continuing the trend of office-to-apartment conversions in Center City Philadelphia. The building is 668,000 square feet and was about 60% occupied at the time of sale.
- Status
- Closed
- Sector
- Commercial, Residential
- Location
- Philadelphia, Pennsylvania, United States of America
- Updated
- 22 Jul 2026
- Source
- The Business Journals
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Project Information
Participants
| Not available for this record. |
Status
Original status | awarded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | PMC Property Group purchased the 27-story office building known as Ten Penn Center at 1801 Market St. for $30 million. The project involves a partial conversion of the office building to residential apartments, continuing the trend of office-to-apartment conversions in Center City Philadelphia. The building is 668,000 square feet and was about 60% occupied at the time of sale. |
Original sector | Commercial Real Estate |
Budget |
Location
Country | United States of America (USA) |
State | Pennsylvania |
City | Philadelphia |
Source
Source | The Business Journals |
URL |
More Details
Record type | Project |
Sector | Commercial, Residential |
Article published date | 2025-11-06 |
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