The buyer of the Frankford Chocolate Factory site at 2101
Washington Ave. paid $7.8 million for the 100,000-square-foot property,
according to records filed with the city.
Kennett Square-based 2101 Washington Real Estate L.P.
closed on the 126-year-old industrial building and surrounding land on Nov. 6,
according to the filings. The group is exploring its options for developing the
site, vice president Jacob Ketcham said Tuesday.
The property had been purchased in 2007 by the late New
York property mogul Truong Dinh Tran's Alphonse Hotel Corp. for $5.75 million.
Source: Philly.com
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