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New York Firm Adds Fourth Center City Property

PHILADELPHIA, PA—New York real estate investment firm Nightingale Properties has added its fourth Center City property with the acquisition of 1635 Market Street, a 19 story, 286,574 sq. ft. building that was originally developed as a regional headquarters for IBM.

By Steve Lubetkin | Updated on December 16, 2014

PHILADELPHIA, PA—New York real estate investment firm Nightingale Properties has added its fourth Center City property with the acquisition from Arden Group of 1635 Market Street, a 19 story, 286,574 sq. ft. building that was originally developed as a regional headquarters for IBM.

Nightingale, founded in 2005 by Elie Schwartz and Simon Singer, already owns 1835 Market Street, 1700 Market Street, and 1500 Spring Garden Street. The buy makes it one of the largest commercial property owners in the city.

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