Senior directors James Sheehan, James Vesey and Jerome Kranzel in the locally based capital markets group of Cushman & Wakefield represented the seller and also procured the buyer. "There was tremendous interest in the property," Sheehan tells GlobeSt.com, "because it's exceptionally well located and because it's an interesting building, which has been converted into a very cool 21st century mixed-use facility."

The one- and two-story building was originally developed in 1926 as a factory for renowned radio manufacturer A. Atwater Kent. Its saw-tooth architectural profile immediately gave it landmark status. In the 1980s, it was renovated and converted into a mixed-use facility that is currently 94% occupied by a diverse mix of warehouse, office and retail tenants.

The largest is the City of Philadelphia, which uses space to store all of the city's voting machines. Material Culture, a retailer of salvage and antique furnishings from around the world, operates a 70,000-sf showroom in the center. Temple Physicians and Resources for Human Development are among the office tenants.