1616 walnut street

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1616 Walnut Street PA Evictions - A Sitting Tenant's RightsChevy Chase, MD-based Federal Capital Partners has acquired 1616 Walnut Street, a 25-story, 279,770 square foot office building in Center City, Philadelphia.The property, currently 90% leased, was acquired via a three way partnership with Philadelphia-based Cross Properties and 806 Capital out of your Isard-Greenberg Company, which owned the building for three decades.Plans of the property involve possible conversion into a residential use eventually.Jones Lang LaSalle continues to be retained to manage the building.1616 Walnut encompasses 188,560 square feet of office space, 7,210 square feet of retail space and a 160-space integrated parking garage. The building is proximate to transit options including Septa bus routes, the Market-Frankford and Broad Street subway lines and also the regional rail lines at Suburban Station.Incorporated 1929, 1616 Walnut Street PA was lauded for an architectural marvel long ago, receiving top honors along at the 12th International Buildings Congress in Budapest. Its five-story parking garage made it one of the first properties to feature on-site parking, which was then considered a novelty. The iconic property was listed in the National Register of Historic Places in 1983 along with the Philadelphia Register of Historic Places on January 7, 1982.1616 Walnut marks FCP’s second acquisition in downtown Philadelphia as the company’s amount of 1701The new those who own the building want to “detenant” 1616 Walnut. Does anyone notice any similarity between destroy, demolish, destruct and detenant? Yes, they do possess the right to not renew your lease. However, there are many things which guard against being “thrown into your street”