In the fall of 2017, MMPartners acquired the Vestry Lofts through an off-market transaction. The redevelopment plan focused on enhancing the property with cosmetic upgrades to both the common areas and individual apartments, elevating its appeal and functionality.
Located in the heart of University City, the Vestry Lofts is steps away from Drexel University and the University of Pennsylvania. Originally constructed in 1917, this historic property retains its architectural charm, featuring 47 loft-style apartments, many of which are bi-level with high ceilings, expansive windows, and unique historic details.
The property occupies a 1.04-acre parcel (45,253 square feet) and offers 32,542 square feet of gross building space. The unit mix includes 15 studios, 28 one-bedroom apartments, and 3 two-bedroom apartments, with an average unit size of 679 square feet. The Vestry Lofts combines historic character with modern living in one of Philadelphia’s most dynamic neighborhoods.
To learn about LIVING at any of our completed residential properties, please visit our sister site for leasing at: http://www.pscophilly.com
