Old City restaurant lease at 118 Market Street
Restaurant lease | 118 Market Street, Philadelphia | Old City
TRANSACTION
Restaurant Lease
REPRESENTATION
Tenant
SPACE
3,000 SF
-
-
The assignment
The assignment involved obtaining a restaurant lease for the 3,000-square-foot corner space at 118 Market Street. Located in Philadelphia’s Old City neighborhood, the property was selected for a planned Italian restaurant concept on Market Street.
Billy's role
Billy Creagh of National Realty Commercial represented the tenant in leasing the property. As the restaurant operator’s broker, he handled the tenant side of the transaction to secure an Old City location for the planned Philadelphia dining concept.
The outcome
A five-year lease secured the space for the planned Trattoria Ponte Vecchio restaurant. This completed Old City transaction adds to Billy’s restaurant leasing portfolio and his experience representing tenants establishing new restaurant locations in Philadelphia.
Supporting coverage
Deal at a glance
LOCATION
118 Market Street, Philadelphia, PA 19106
PROPERTY TYPE
Restaurant / retail
LEASE TERM
5 Years
BROKER
Billy Creagh
Planning your next restaurant move?
Contact Billy Creagh of National Realty Commercial to discuss selling, buying or leasing restaurant property in Philadelphia.