Brickstone affiliate buys parking garage at 12th and Sansom
An affiliate of Brickstone Cos. has bought a two-story parking garage at 12th and Sansom Streets from the estate of the late property investor Samuel Rappaport for $14.5 million, according to records filed with the city.
An affiliate of Brickstone Cos. has bought a two-story parking garage at 12th and Sansom Streets from the estate of the late property investor Samuel Rappaport for $14.5 million, according to records filed with the city.
The affiliate, 123 South Owner L.L.C., which shares an address with Brickstone, closed Nov. 4 on the garage covering 26,550 square feet at 123-127 S. 12th St., according to the records. Brickstone managing partner John Connors did not return a call asking about plans for the property.
The company recently purchased the ornate Hale Building at 1326 Chestnut St. and is developing a large mixed-use project with a Target store and a jumbo-sized liquor shop on Chestnut between 11th and 12th Streets, among other activities.
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