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Cedar Shopping Centers Pays $13.4M for IRS Bldg – CoStar Group

by thiryj

CoStar reports – Cedar Shopping Centers, Inc. acquired the 230,000-square-foot IRS office building in Philadelphia for $13.38 million, or about $58 per square foot, from 11501 Roosevelt Partners, LP.

The single-story office building was delivered in 1969 at 11501 Roosevelt Blvd. It totals 230,000 square feet and sits on 9.7 acres in the Northeast Philadelphia submarket

via Cedar Shopping Centers Pays $13.4M for IRS Bldg – CoStar Group.

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