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Report: One Tower Bridge office building listed for sale

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Capital Markets View – January 2021


Report: One Tower Bridge office building listed for sale

A joint venture between Oliver Tyrone Pulver Corp. and the AFL-CIO Building Investment Trust plans to sell the 271,000-square-foot One Tower Bridge office building in Philadelphia, the Philadelphia Business Journal reported, citing sources familiar with the deal.

The property may fetch over $100 million, the news outlet added, citing the sources.

The 1989-built, 15-story building at 100 Front St. is 89% occupied, the publication said. Tenants include Morgan Stanley, which renewed its lease on 99,400 square feet for another 10 years in 2019.