Ever wonder how much it would cost to buy a parking lot at 15th and Chestnut? If so, just ask Brook Lenfest. According to the Inquirer, an auction for the lot at 1441 Chestnut only lasted ten minutes on Tuesday and the winning bid was $12,000,000. The Parking lot currently earns over $600,000 a month, but the spot is zoned for around 800,000 square feet of retail/residentail space.
No comments:
Post a Comment