Deal doesn’t inspire towering confidence

What will it take to get big private construction projects started again around Philadelphia? Last weeks sale of the 53-story former Bell Atlantinc headquarters tower at 1717 Arch St., to Brandywine Realty Trust, for just $129 million, or $125 per square foot, could prove a good deal for Brandywine when the market revives years from now. But it wasn’t priced to inspire confidence for…

Philly Deals - Philadelphia (August 2010)
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