Search
 

Pincus-Maxwell Building Goes on the Block

PHILADELPHIA-The 142,000-sf Pincus Brothers-Maxwell industrial property in the heart of the Old City section goes on the sales block at an undisclosed asking price. The 56-year-old building was vacated in 2001 when garment industry production shifted overseas.

By Marita Thomas | Updated on October 08, 2002

PHILADELPHIA-The Pincus Brothers-Maxwell industrial building at the corner of Fourth and Race streets, which overlooks Independence Mall from Philadelphia’s Old City neighborhood, is for sale for an undisclosed asking price. The 142,000-sf building is the former manufacturing headquarters of men’s clothing manufacturer, Pincus Brothers Inc.

In 2001, it was vacated, a victim of the garment industry’s shift to overseas production.

The masonry and concrete block facility was built in 1946 and expanded in 1964. It includes 12,000 sf of office space, a showroom, and three dock-high loading doors. The office area is air-conditioned and the building has a full wet sprinkler system.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.