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KKR gauges buyer appetite with listing of formerly distressed Philadelphia office building

Global investment firm puts Old City property up for sale after stabilization efforts
The Philadelphia office building at 325 Chestnut St. has faced a myriad of financial and occupancy-related challenges. (CoStar)
The Philadelphia office building at 325 Chestnut St. has faced a myriad of financial and occupancy-related challenges. (CoStar)
CoStar News
June 29, 2026 | 8:25 P.M.

The Old City office building just down the street from the Liberty Bell has had a challenging history of its own. Yet after two years of working to stabilize and reposition the property in Philadelphia's historic district, owner KKR is testing investors' appetite for a commercial success story by listing it for sale.

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