Love Park Garage Sale Finalized for $29.6M

By Natalie Kostelni | Philadelphia Business Journal
|  Tuesday, Jul 1, 2014  |  Updated 7:29 AM EDT
View Comments (
)
|
Email
|
Print
Love Park Garage Sale Finalized for $29.6M

PBJ file photo

The underground garage is at 15th and Arch streets in Philadelphia.

Philadelphia has closed on the sale of the parking garage at Love Park for $29.6 million.

InterPark of Chicago bought the garage that sits under JFK Plaza at 15th and Arch streets.It has 810 spaces.

Management of the facility will be handled by LAZ Parking, which will replace all the existing personnel represented by the Teamsters, said the Philadelphia Parking Authority in a statement.

Read the full story on PBJ.com.

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
What's New
10 Questions With
We sit down with some of the... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out