400,000 SF FORMER MEDICAL FACILITY SOLD

PHILADELPHIA — Howell Acquisition has purchased the former St. Agnes Continuing Care Center, an approximately 400,000-square-foot medical complex at 1930 S. Broad St. in Philadelphia. Howell plans to redevelop the multi-building facility into a mixed-use facility. The property consists of four interconnected buildings, a five-level parking garage and a one-story powerhouse building, all sitting on 3.48 acres. Philadelphia-based Binswanger represented the seller, Mercy Health Systems, in the transaction.