Morning Headlines: PREIT Buys Building at 15th and Walnut

The building on the northwest corner of 15th and Walnut once had an illustrious tenant: Louis I. Kahn, the celebrated modernist architect, had his office there. Today its tenants consist of three retail shops and a Pennsylvania lottery.

Buyer Pennsylvania Real Estate Investment Trust (PREIT), which owns the Gallery, as well as many other malls, has not offered specifics about what will happen with the 14,000-square-foot property.

• PREIT buys 15th & Walnut corner [PhillyDeals]

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