Cushman & Wakefield has been retained to offer for sale The Hale Building, a 49,849 SF mixed-use building located at 1326-1328 Chestnut Street in the Midtown Village section of Philadelphia, PA.

This iconic asset, originally built in 1887, renovated in 2018 is 100% leased (WALT of 9.1 years) with two retail tenants on the first and mezzanine floors (Blind Barber and Barcade) and Spaces (Regus brand office) located on floors 3-8 with a rooftop deck for the exclusive use of the office tenants. The Property was built by the famous architect W. G. Hale who was known for a flamboyant, highly ornate Victoria style that was popular in the 1880s.

The Property is perfectly situated in Philly CBD in Midtown Village. The property boasts a walk-score of 99 because its location is uniquely situated proximate to mass transit, restaurants, retail, and the cultural arts the city has to offer.

Placer.ai and Center City District rank Midtown Village in the top 3 for foot traffic in Center City Philadelphia. Jefferson University Hospital Systems, proximate to the Property, occupies over 4 city blocks and is the predominate economic driver for the $2billion of investment in the immediate vicinity.

All inquiries should be directed to Cushman & Wakefield.