The Department of Aviation, an agency of the City of Philadelphia, finalized its purchase of a vacant, five-story office building at 8800 Tinicum Blvd. in Philadelphia from Office Properties Income Trust, a real estate investment trust externally managed by The RMR Group, for $42 million, or $95.24 per square foot.
City's aviation agency acquires vacant office building near airport
Office REIT sells last-owned property in Philadelphia market
By Rachel Whaley with
August 13, 2026 | 10:01 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- Office Properties Income Trust
Real Estate
- Contacts
- Jack Owens
Associate, Avison Young
- Thomas Stone
Senior Vice President, CBRE
- Jim Scott
Principal, Avison Young