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this is a horrible ROI on a PHILLY Prop. what is the
buyer's incentive?
----- Original Message -----
Sent: Monday, June 27, 2005 12:44
PM
Subject: [RealEstateDaily] DOWNTOWN
PHILADELPHIA OFFICE
14 story 195.000 SQ FT office building in the heart of Downtown
Philadelphia
The building is 100%leased with ground floor retail space occupied by
national credit tenants and long term government tenancies accounting for
approximately 95% of the leasable square footage in the building. The
building cash flows in excess of $1.7 million annualy with below market
rents.
PRICE $25 MILLION FIRM
Only serious principals contact Jacob Herzog via Email or at 917 374
4674
No commissions paid to brokers on this particular
deal
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