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Binswanger Arranges Sale of Property in Philadelphia, Pennsylvania.


PHILADELPHIA Philadelphia, ancient cities
Philadelphia, name of several ancient cities. One was in Lydia, W Asia Minor (now W Turkey). At the foot of Mt. Tmolus and near the location of modern Alaşehir, it was founded in the 2d cent. B.C.
 -- Binswanger Binswanger is a surname and may refer to:
  • Harry Binswanger (1944-), American philosopher.
  • Ludwig Binswanger (1881-1966), Swiss psychologist, nephew of Otto Binswanger, important in existential psychology.
 is pleased to announce the sale of a 24,000 sq. ft., two-story building located at 1617 North 2nd Street in Philadelphia, Pennsylvania Pennsylvania (pĕnsəlvā`nyə), one of the Middle Atlantic states of the United States. It is bordered by New Jersey, across the Delaware River (E), Delaware (SE), Maryland (S), West Virginia (SW), Ohio (W), and Lake Erie and New York .

The seller, Mrs. Ressler's Food Products Co., is a local, third-generation provider of high-quality deli meats. Since 2002, the property has stood vacant due to a massive fire that destroyed the main manufacturing building. Mrs. Ressler's Food Products Co. sold the property as a result of the consolidation of their real estate holdings.

The buyer, Northern Star Development, consists of partners Gary Gary, city (1990 pop. 116,646), Lake co., NW Ind., a port of entry on Lake Michigan; inc. 1909. Gary was founded by the U.S. Steel Corporation, which purchased the land in 1905 and landscaped it for a city.  (Giora) Griffel, Charles Moche and Michael Gorenstein. They plan on developing the property into housing and commercial space, which will include townhouses, an apartment complex, as well as some commercial development. Northern Star Development plans on completing the project by 2007.

Headquartered in Philadelphia, PA, Binswanger is an international full-service real estate organization with offices worldwide throughout the U.S.A., Canada, Mexico and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , the U.K. and Europe, the Middle East, Asia and Australia.
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Publication:Business Wire
Geographic Code:1USA
Date:Jul 5, 2005
Words:164
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