161 Washington Street, formerly Eight Tower Bridge, Conshohocken, PA
CONSHOHOCKEN, PA—Washington, DC-based American Real Estate Partners, which last year re-entered the Philadelphia market with the acquisition of 1600 Market Street in Center City, is launching a comprehensive revitalization and rebranding of 161 Washington Street, formerly known as Eight Tower Bridge, Conshohocken, PA, about 15 miles west of the city. AREP acquired the property in October 2018 from Oliver Tyrone Pulver Corp., a private commercial real estate development firm, for $108 million, according to Real Capital Analytics, a proprietary database service that tracks commercial real estate transactions.
161 Washington Street is a 16-story, 347,000 square-foot class-A boutique office building designed by world-renowned architect Skidmore, Owings & Merrill. The trophy tower is the tallest office building in Suburban Philadelphia, boasting superior views overlooking the Schuylkill River and ideally situated for easy access to the Main Line suburbs and Center City Philadelphia.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
