1616 walnut street

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 percent leased, was acquired against a three way partnership with Philadelphia-based Cross Properties and 806 Capital from the Isard-Greenberg Company, which owned the building for more than 30 years.Plans for your property list a possible conversion to a residential use after some time.Jones Lang LaSalle has been retained to cope with 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 along with the regional rail lines at Suburban Station.Inbuilt 1929, 1616 Walnut Street PA was lauded as a possible architectural marvel when it occurs, receiving top honors for the 12th International Buildings Congress in Budapest. Its five-story parking garage achieved it among the first properties to feature on-site parking, which was then considered a novelty. The iconic property was listed in the National Register of Historic Places in 1983 along with the Philadelphia Register of Historic Places on January 7, 1982.1616 Walnut marks FCP’s second acquisition in downtown Philadelphia after the company’s amount of 1701The new those who own the building desire to “detenant” 1616 Walnut. Does anyone notice any similarity between destroy, demolish, destruct and detenant? Yes, they do possess the right to not renew your lease. However, there are many things which guard against being “thrown into the street”