1600 Callowhill Street, Philadelphia, PA

Acquisition Summary
Ownership Interest 100%
Purchase Price (million) US$16.0


Property Statistics
Property Type Office
NLA (sf) 88,717
Occupancy 100.0%
Current Rent (psf pa) US$23.02
Mark Rent (psf pa) US$17.00
WALT (by income) 0.8 years
Class B
Completion Date/Major Refurbishment 1911/1998

Valuation Summary
Valuation (million) US$18.4
Cap Rate 7.00%
Valuer CBRE
 


Major Tenant Profile
Tenant Square Feet % by Area Lease Maturity Years Remaining
Department of Homeland Security 88,717 100% Apr 2008 0.8