
Client
RALCompanies & Affiliates
Date
February 8, 2021
Leasing Begins at Broadridge, By the Unit or By the Room
By Sandy Smith
summary
RAL Companies has begun leasing apartments at its Broadridge mixed-use development in Philadelphia, which includes a ground-floor Aldi supermarket and 478 rental apartments. The company has brought on Common, a leading operator of furnished shared-living communities to manage and lease 147 apartments on the 5, 6 and 7th floors designed for co-living. RAL says that Philly is an ideal location, and, with Common’s involvement, Broadridge, for increasingly priced-out young professionals and a influx of new renters from other cities.