Jessup House Provides Perfect Backdrop for Philadelphia Life

Greystar Real Estate Partners, LLC ("Greystar"), a global leader in the investment, development, and management of real estate, including rental housing, logistics and life sciences, announced that Jessup House, located at 12th and Sansom, and open since November, is now 50% leased in less than six months.

"Jessup House is in a prime location and is the gateway for residents to experience all that Philadelphia has to offer," George Hayward, Senior Director of Development, said. "The best restaurants and nightlife are in the surrounding community. The building itself incorporates nods to the area's history while also rising into a tower with a more contemporary look. We designed Jessup House to attract people inspired by the energy of the surrounding neighborhood while also wanting an elevated apartment living experience."

"We are delighted to collaborate with Greystar in introducing this distinctive property to one of Philadelphia's most vibrant neighborhoods," stated Alasdair Cripps, Chief Executive Officer of Mesirow Institutional Real Estate Direct Investments. "The micro market of Center City Philadelphia is an optimal location for Jessup House given the area's vibrant urban culture as well as its proximity to major employers including Thomas Jefferson Hospital."

Jessup House was built to reflect Philadelphia with an urban yet expressive design that features a fine-grained brick structure on the first two floors with an elegant copper-colored tower that redefines the corner of 12th and Sansom.

Jessup House sits at the intersection of Midtown Village, the Gayborhood, Market East and Washington Square. The Walnut-Locust Station on the Broad Street Line, the 11th Street Station on the Market-Frankford Line and the 13th and Locust PATCO station are all within two blocks providing access to the Philadelphia Sports Complex to the South, Fishtown to the North, Old City to the east and West Philly. Closer to the community are a wide variety of restaurants, piano bars, trivia nights, street fairs, ice cream parlors and more.

The community's headlining features are its 20th floor amenity rooftop with 360 views of the city and the integrated 2nd floor co-working space connected by a monumental staircase to the third floor indoor/outdoor lounge, pool, and demonstration kitchen. Other amenities include a fully equipped fitness center, pet spa and dog run, and a game room and sports simulator.

Floorplans range from studios to one-, two- and three-bedroom floorplans with penthouses also available. Individual apartment homes have chef-inspired kitchens with high-end GE appliances and soft-close cabinets, quartz countertops, kitchen islands, tile backsplashes, wide-plank flooring, floor-to-ceiling windows, private balconies and terraces, spa-inspired bathrooms and stackable washer and dryers.

Jessup House also features 10,000 square feet of dramatic retail space on the corner of 12th and Sansom that is available for lease. Jacob Cooper, partner at MSC, is the project's representative.

"Our firm is seeking best-in-class retailers and restaurants the amenitize this incredible project. The building's central location in the Midtown Village neighborhood, adjacent to the Pennsylvania Convention Center, Jefferson Hospital and City Hall, will allow tenants to benefit from tremendous pedestrian traffic and vibrant co-tenancy," Cooper said.

For more information, or to schedule a tour, please visit LiveJessupHouse.com or call 215-239-6025.

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