One Logan Square
It is currently the 31st-tallest building in Philadelphia.
History and architectural features
This building and accompanying Four Seasons Hotel (now The Logan Hotel) were developed by a joint venture of INA and Urban Investment and Development Co. for $120 million. As the zoning laws at the time prohibited buildings taller than 80 feet facing Logan Square, building the low-rise hotel on the square allowed construction of the office building.
The law firm Morgan, Lewis & Bockius was one of the anchor tenants at the property at construction and received an equity stake as part of its lease agreement.
The Rubenstein Company acquired the building along with Two Logan Square in 1997 from Aetna for $55 million. Brandywine Realty Trust acquired the property as part of its acquisition of Rubenstein's portfolio in 2014.
It is currently the 31st-tallest building in Philadelphia.
See also
References
- ^ "One Logan Square". Skyscraper Center. CTBUH. Retrieved 18 September 2017.
- ^ "Kelly Wolfington". Philadelphia Inquirer. 1981-01-05. Retrieved 2021-02-11.
- ^ "For City, a World Class Hotel". Philadelphia Inquirer. 1980-11-19. Retrieved 2021-02-11.
- ^ "Law Firms Lead the Way in Office Building Equity". Philadelphia Inquirer. 1981-04-10. Retrieved 2021-02-11.
- ^ "Boston Firm Collects Towers". Philadelphia Inquirer. 1998-11-02.
- ^ "Downtown towers are up for sale". Philadelphia Business Journal. 1998-05-12.
- ^ "Company News: Brandywine Realty to Buy Rubenstein for $600 million". New York Times. 2004-08-20.