Center City Block Sells; Real Estate Empire Being Sold Off

Little by little and piece by piece, the Center City real estate empire controlled by Richard Basciano is being sold off.

The latest is the sale of 2100 of Market St., which amounts to roughly a city block, to Brandywine Realty Trust (NYSE: BDN).

Brandywine, which is based in Radnor, Pa., also bought earlier this year a garage at 7th and Market streets from Basciano.

And more transactions are in the works.

Read the full story here.

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