US EditionJLL Negotiates $74.4M Bankruptcy Sale of University of the Arts Portfolio in Downtown Philadelphia
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JLL Negotiates $74.4M Bankruptcy Sale of University of the Arts Portfolio in Downtown Philadelphia
PHILADELPHIA — JLL has negotiated the $74.4 million bankruptcy sale of the University of the Arts Portfolio, a collection of nine academic properties totaling roughly 760,000 square feet in downtown Philadelphia. Named after the academic institution that closed last year, the portfolio comprises a mix of educational facilities, theaters, dormitories and office buildings. These include Terra Hall, a 17-story educational facility, and Hamilton Hal…
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