On behalf of Ownership, GREA offers qualified investors the opportunity to acquire the fee simple interest in Brush Factory Lofts located in the East Passyunk neighborhood of Philadelphia. Opened in 1926 as a paintbrush manufacturing facility, Brush Factory Lofts has been transformed into modern apartment lofts. The property comprises 152 units with a mix of studio, one-, two-, and three-bedroom units. The lofts offer quality interiors, functional amenities, and seamless indoor and outdoor spaces. Eco-conscious features include LED lights, Energy Star appliances, motion-controlled lighting, and efficient heating and cooling systems.

Each unit boasts stylish, high-end finishes including high ceilings, stainless steel appliances, stone countertops, subway tile backsplashes, white shaker-style cabinets, LVT flooring, custom light fixtures, and in-unit washers and dryers. Residents enjoy access to the on-site amenities including a bike room, a media room, a fitness center, workspaces, package receiving, on-site secure parking, and car charging stations. In addition, there is a 4,000-square-foot roof deck with lounge seating and a kitchenette. The roof deck offers beautiful views of Center City, the Walt Whitman Bridge, the Benjamin Franklin Bridge, and the sports stadium complex.

East Passyunk is an affluent South Philadelphia neighborhood directly south of Center City Philadelphia with immediate access to public transportation. Significant residential development has given way to cafes, craft bars, award-winning restaurants, and boutique shops all within walking distance of the Property. Rents in this area are priced at a discount to Center City, Graduate Hospital, and Queen Village providing value to renters seeking a lower price alternative without comprising quality or location.

Situated on the highly visible northwest corner of 12th and Jackson Streets, residents have direct access to Broad Street (Route 611), and are close to Interstates 95, 76, and 676. Several bus routes as well as SEPTA’s Broad Street Line are within minutes for a commute into Center City, University City, and the surrounding suburbs via connections to the Market-Frankford Line and regional rail lines.