640 North Broad Street

Philadelphia, PA

  • Purchased in 1999

  • 400,000 square foot, 10-story office building/industrial building

  • Prime location in center city Philadelphia

  • Developed the majority of the property into a major “Arts Center”

  • Achieved substantial positive cash flow throughout ownership period

  • Repaired, renovated, and leased up through hands‐on management

  • Sold in 2004 to a residential developer to convert into high end loft apartments

  • Achieved 39.5% IRR throughout ownership period

Connect Now

425 East 52nd Street

New York, NY 10022

Affiliated Companies

Subscribe Now

© 2019 by sky management services, llc

  • LinkedIn - White Circle