16C — March 11 - 24, 2016 — Pennsylvania — M id A tlantic

Real Estate Journal


P ennsylvania Dolan, Segal & Margolis of Phila. office reps. seller NGKF Capital Markets executes 15,000 s/f sale

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HILADELPHIA, PA —Bancorp has sold the iconic Corn Exchange National Bank Building and the adjacent parking lot in Old City, Philadelphia. David Dolan, Brett Segal and Mi- chael Margolis of the NGKF Capital Markets Philadel- phia office represented the seller in the transaction. Al- though listed separately, both properties were purchased by a software company who plans to use the building and the parking lot. The Corn Exchange Na- tional Bank Building is a three-story, 15,000 s/f prop- P

Corn Exchange National Bank Bldg.

Colliers International facilitates lease for Matt & Marie's R I T T E N H O U S E SQUARE, PA — Matt & Marie’s, a Modern Italian erty located at Third and Arch Sts. The property is a historic piece of Philadel- phia, dating back to 1900. The building was used as a branch of Girard Bank and the Corn Exchange Bank from its opening in 1900 to 1970. Since then, it has had a variety of uses including a housing complex for Sea- men’s Church Institute, an art gallery and a reception hall. Notably, the building was also used as the resi- dence for the 15th season of MTV’s The Real World. n cupies the first floor and has café style seating for 20 guests. “We are grateful for the positive feedback from our regulars in Logan Square, and are excited to bring our fun combinations of fresh ingredients to a new neigh- borhood. We will be adding a more extensive illy espresso offering and baked pasta menu to complement our weekend and evening hours in Rittenhouse” said Matt. Michael Kahan of Col- liers International repre- sents Matt & Marie’s and was the sole broker in this transaction. n Michael Kahan restaurant opened i t s second loca- tion at 118 S 18th St. in Rittenhouse Square. The 1 , 1 0 0 s / f s tore wi th kitchen oc-

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