The building at 1500 Locust Street, which is Center City’s largest apartment tower, is on the market again four years after it was last sold for $233 million.
Center City’s largest apartment tower, on 1500 Locust Street, is back on the market four years after it was last traded, writes Paul Schwedelson for the Philadelphia Business Journal.
The 605-unit, 45-story building was acquired by New York real estate firm Fairstead and Minneapolis investment company Castlelake for $233 million back in December 2021. It was among the highest prices ever paid for an apartment property in Center City…