PernaFrederick Arranges Sale of 1919 Walnut St. to Private LLC for $1,990,000

PHILADELPHIA, PA — Acting as the sole agent, PernaFrederick Commercial Real Estate has negotiated the sale of the 4-story 8,500 square foot office building at 1919 Walnut Street here to 1919 Walnut Street Associates, LLC, a private real estate investment corporation.

According to Matt Frederick, a principal of PernaFrederick and the sole agent who arranged the Agreement of Sale for Imaging Properties of Philadelphia, the sale price of the property was $1,990,000.

Frederick said the building is the former headquarters of National Medical Imaging and Sterling Investments.

The buyer plans to convert the structure into an art gallery, he said.