Marcus & Millichap Negotiates $1.2M Sale of Mixed-Use Building in Philadelphia

by David Cohen

PHILADELPHIA — Marcus & Millichap has arranged the $1.2 million sale of the Frederick Douglass Apartments in Philadelphia. The mixed-use property consists of 16 residential units and four retail spaces and is located at 5600 Germantown Ave. in the Germantown neighborhood. Fred Paisley of Marcus & Millichap represented the seller, a limited liability company, in the transaction. A New York-based buyer purchased the property.

You may also like