The Avery restaurant lease in Old City
Restaurant lease | 117 Chestnut Street, Philadelphia | Old City
TRANSACTION
Restaurant Lease
REPRESENTATION
Tenant
SPACE
7,800 SF
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The assignment
The assignment involved securing a lease for the 7,800-square-foot restaurant space at 117 Chestnut Street. The Old City property provided a substantial location for a restaurant concept along this Philadelphia restaurant corridor.
Billy's role
Billy Creagh of National Realty Commercial represented the tenant in leasing the Old City premises. His restaurant brokerage work covered the operator’s side of the transaction and supported the process of securing the Chestnut Street space.
The outcome
The lease was completed for The Avery’s 7,800-square-foot restaurant location, with a reported PSF of $27/sf. The transaction demonstrates Billy’s experience representing tenants seeking substantial hospitality spaces within Philadelphia’s Old City restaurant market.
Supporting coverage
Deal at a glance
LOCATION
117 Chestnut Street, Philadelphia, PA 19106
PROPERTY TYPE
Restaurant / retail
PSF
$27/sf
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.