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Stock impact report

PPL completes sale of Tower Building in Lehigh County [Yahoo! Finance]

PPL Corporation (PPL) 
Last ppl corporation earnings: 2/14 08:00 am Check Earnings Report
US:NYSE Investor Relations: pplweb.investorroom.com
Company Research Source: Yahoo! Finance
ALLENTOWN, Pa. (WHTM) — PPL Electric Utilities announced Friday they have completed the sale of its former headquarters in downtown Allentown. The utility company said they officially completed the sale of its Tower Building and office complex on 2 North Ninth Street . The Tower Building, which is the second tallest building in the state outside of Philadelphia and Pittsburgh, was sold to D&D Realty Group for $9 million. What is the tallest building in Pennsylvania? The developer's proposed plans for the properties, which cover about 450,000 square feet of space in downtown Allentown, include new mixed-use commercial spaces, apartments, and other amenities. Although PPL sold its Tower Building, they are still headquartered in the heart of downtown Allentown, two blocks away at Two City Center. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Local Business Beat D&D Realty Group, which was founded in 2010 and is based in Scranton, is most know Show less Read more
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