PHILADELPHIA, PA—NAI Mertz has brokered the sale of a 61,000-square-foot multi-purpose office building located at 2801 Grant Avenue in Philadelphia, Pennsylvania, to Iron Stone Strategic Capital Partners.
The NAI Mertz team of vice presidents, Zena Charokopos and Rick Gordon, negotiated the transaction on behalf of the seller, Tom Rosenefeld of Pennsylvania 2801 Grant, LLC. Iron Stone was self-represented by its in-house brokerage team.
Situated on seven acres, 2801 Grant Avenue is a 61,000-square-foot multi-purpose office/flex building just off Roosevelt Boulevard near Interstate 95. The building features approximately 26,000 square feet of office space and 35,000 square feet of warehouse space with eight tailgates. Iron Stone's proposed plan is to convert the entire building into office space.
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