“A building formerly occupied by Borders Books & Music in Center City was sold for $15 million,” The Philadelphia Business Journal reports. “The two-story site, with 22,000 square feet of retail space at 1727 Walnut St., was acquired by Midwood Property, a New York real estate company with other retail properties on the same block, said Larry Steinberg of Michael Salove Co., which brokered the deal.”
The Philadelphia Business Journal reports., “Potential clients, Steinberg said, include the Pennsylvania Liquor Control Board, which is considering opening a high-end wine and spirits store; Apple Computers; Sephora, a high-end cosmetics shop with another area location at the King of Prussia Mall; and apparel retailer Ann Taylor, now at 1713 Walnut St. This would be an additional site for Ann Taylor. If leases are signed, both the LCB store and Apple would have two-story stores within the existing site.”
Full article here.
MacDailyNews Note: Apple currently has two retail stores in operation in Pennsylvania: the Apple Store King of Prussia in King of Prussia and the Apple Store Pittsburgh in Shadyside. The full list of Apple Retail stores is here.
Related MacDailyNews articles:
UBS Analyst: Retail traffic appears to be ‘extraordinary’ for Apple – February 16, 2005
Analyst: Apple’s retail outlets will be critical in selling Mac minis to Windows users – January 20, 2005
RUMOR: Apple to open 40 new retail stores in 2005 – November 08, 2004
