Rittenhouse Realty Advisors closed the $24.5-million sale of a prime redevelopment site located in the Rittenhouse Square neighborhood in Philadelphia. Buyer Southern Land Company plans to turn the site at 1620 Sansom St. into a new mixed-use development. The buyer is planning a $180-million, 28-story residential rental building on the site, which is zoned CMX5, thereby allowing mixed-use…
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